For the quarter period ended on 30 June 2012, its operating income was $19.9m, up by 6% from $18.8m (19% increases on a constant currency basis) during the same period previous year.
As per the financial data revealed by the firm, its current quarter adjusted EBITDA was $39m, with a 4% increase compared to $37.4m (16% increase on a constant currency basis) during the second quarter a year ago.
Net income attributable to Euronet was $5.7m or $0.11 diluted earnings per share, against a net income of $11.9m or $0.23 diluted earnings per share while registering a 3% increase in transactions from 503 million, which currently stood at 570 million.
Euronet’s chairman and chief executive officer Michael Brown said the second quarter earnings delivered a consolidated constant currency revenue and operating income growth of 18% and 19%, respectively.
"While we are working through challenges in the epay Segment, our EFT and Money Transfer businesses posted exceptionally strong results through their constant currency operating income growth of 29% and 42%, respectively, and are poised for continued growth as we head into the second half of the year," Brown said.
The EFT Processing Segment reported revenues of $58.3m, up 16% from $50.4m, while its operating stood at $10.3m, with an increase of 12% increase from $9.2m.
epay Segment registered revenues of $166.7m, a 7% increase from $156.5m and an operating income of $10.1m, a 25% decline from $13.5m while the Money Transfer Segment registered revenues of $77.5m, a 6% increase from $73m, with operating income of $6.7m, and a growth of 34% from $5m.
