10-Q quarterly report · filed Oct 27, 2017

Euronet Worldwide Inc (EEFT) Q3 2017 10-Q Quarterly Report

Short answer

Euronet Worldwide Inc (EEFT) filed its Q3 2017 10-Q quarterly report on Oct 27, 2017 for the quarter ended Sep 30, 2017.

Euronet Worldwide Inc Q3 2017 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $637.8M, up $113.8M YoY from $524.0M
  • Operating income $116.9M, up $26.4M; consolidated operating margin figures not disclosed
  • Best segment EFT Processing: revenue $226.3M, up 48%; operating margin 38.4% vs 39.0%
  • Worst segment epay: operating margin 8.5% vs 8.8%; nine-month operating income down $2.3M
  • Operating cash flow $230.5M; capital expenditures $76.8M; 2017 capex guidance $105M-$115M
  • Headwinds: Walmart rate reductions, hurricanes, competition, India demonetization; revolving facility expected sufficient for working capital needs

Risk Factors

  • No material changes to 2016 Form 10-K risk factors disclosed this quarter
  • Regulatory compliance exposure: anti-money-laundering, anti-terrorism, anti-bribery, consumer-protection and data-protection requirements
  • Operational risk: cybersecurity breaches could trigger customer losses from fraudulent transactions using stolen processing information
  • Market risk: competitive pressure reduced U.S. and U.K. prepaid mobile transactions
  • Financial risk: $100 million ATM Facility expires November 30, 2017, with Overnight LIBOR plus 2.0% interest

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

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