For the latest quarter period, its operating income slumped by 8% to $15.8m from $17.2m during the first quarter of 2011.
For the quarter ended 31 March 2012, its adjusted EBITDA grew by 5% to $35.4m from $33.6m during the corresponding quarter last year.
Net income attributable to Euronet was $13.2m or $0.26 diluted earnings per share during the latest quarter period against net income of $17.3m or $0.33 diluted earnings per share for the first quarter of 2011.
Euronet chairman and chief executive officer Michael Brown said that the revenue and transaction growth was the leading contributor to the double-digit increase in adjusted cash earnings per share.
EFT processing segment revenues surged by 12% to $49.9m compared to $44.4m, while its operating income slashed by 2% to $6m from $6.1m during the same quarter of 2011.
The epay Segment reported revenues of $176.4m, up by 14% from $155.1m for the first quarter 2011, while its operating income for the first quarter period of 2012 stood at $13.2m, up by 1% from $13.1m during the corresponding quarter of last year.
As of end 31 March 2012, its money transfer segment revenues rose by 13% to $71.4m from $63.2m, while operating income surged by 54% to $4.3m from $2.8m for the first quarter 2011.
