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Net 1 UEPS: Fiscal 3Q Earnings Snapshot

JOHANNESBURG (AP) _ Net 1 UEPS Technologies Inc. (UEPS) on Thursday reported fiscal third-quarter profit of $3 million.

On a per-share basis, the Johannesburg-based company said it had profit of 5 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 95 cents per share.

The payments company posted revenue of $162.7 million in the period.

Net 1 UEPS expects full-year earnings to be $1.61 per share.

Net 1 UEPS shares have fallen 26 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.81, a fall of 14 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UEPS at https://www.zacks.com/ap/UEPS