From GlobeNewswire:

Euronet Worldwide, Inc. reports a 11% increase in revenues to $957.7 million and a 23% increase in operating income to $97.4 million for the fourth quarter of 2023 compared to the same period in 2022. Additionally, adjusted operating income increased by 26% to $99.9 million. The full year 2023 saw a 10% increase in revenues to $3,688.0 million and a 12% increase in operating income to $432.6 million.

In the EFT Processing Segment, revenues grew by 13% to $237.9 million for the fourth quarter of 2023 compared to the same period in 2022. Operating income increased by 34% to $25.5 million and adjusted EBITDA increased by 20% to $52.2 million. The segment also saw a 4% increase in total installed ATMs and a 5% increase in active ATMs.

The epay Segment reported an 11% increase in revenues to $316.7 million and a 6% increase in operating income to $43.6 million for the fourth quarter of 2023 compared to the same period in 2022. The full year 2023 saw a 8% increase in revenues to $1,082.4 million and a 5% increase in operating income to $126.2 million.

The Money Transfer Segment reported revenues of $405.1 million for the fourth quarter of 2023, an increase from the same period in 2022. The segment also delivered strong fourth-quarter results with growth in both retail and digital transactions, alongside effective cost management.



Read more: Euronet Reports Fourth Quarter and Full Year Financial