10-Q quarterly report · filed Aug 1, 2016

Euronet Worldwide Inc (EEFT) Q2 2016 10-Q Quarterly Report

Short answer

Euronet Worldwide Inc (EEFT) filed its Q2 2016 10-Q quarterly report on Aug 1, 2016 for the quarter ended Jun 30, 2016.

Euronet Worldwide Inc Q2 2016 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $476.9M, up $51.7M YoY, driven by Money Transfer $201.5M, up $35.8M
  • Operating margin 12.4% vs 11.1% YoY, based on operating income $59.3M vs $47.2M
  • Best segment: Money Transfer operating income $25.9M, up 46%; worst: epay revenue $160.6M, down 4%
  • Cash $680.1M; operating cash flow $134.5M, down from $156.9M; stock repurchases $75.6M
  • Headwinds: stronger U.S. dollar, prepaid mobile competition, and uncertain recurrence of emerging-market non-mobile volume

Risk Factors

  • Brexit referendum, June 23, 2016: U.K. passporting rights could be lost, requiring new E.U. licenses
  • Brexit-driven dollar strengthening: fewer U.S. dollars from foreign earnings translation
  • Payment-data breach risk: prior computer breach and potential regulatory enforcement over compromised customer information
  • ATM security risk: electronic attacks can dispense cash without cards, with rising insurance claims and premiums

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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