Euronet Worldwide, Inc. (EEFT) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to Euronet's third quarter 2025 earnings conference call. On the call today, we have Mike Brown, our chairman and CEO, as well as Rick Weller, our CFO. Before we begin, I need to call your attention to the forward-looking statements disclaimer on the second slide of the PowerPoint presentation we will be making today. Statements made on this call that concern Euronet or its management's intentions, expectations, or predictions of further performance are forward-looking statements. Uranet's actual results may vary materially from those anticipated in these forward-looking statements. The number of factors that are listed on the second slide of our presentation. In addition, the PowerPoint presentation includes a reconciliation of the non-GAAP financial measures we'll be using during the call to the most comparable GAAP measures. Now I'll turn the call over to our CFO, Rick Weller. Thank you, Adam, and good morning, everyone. Thank you for joining us today. I'll start my remarks on slide five. We delivered revenue of 1.1 billion, operating income of 195 million, adjusted EBITDA of 245 million, and adjusted earnings per share of $3.62. Revenue growth was below our expectations due to softness in certain areas of the business, which we believe was largely attributable to macroeconomic and policy decisions surrounding immigration around the world. However, the diversity of our business model, share repurchases during the year, and effective expense management allowed us to offset those impacts and deliver another quarter of solid results. Finally, I want to highlight that our consolidated operating margins expanded by approximately 40 basis points over the prior year. quarter. Next slide, please. Year over year, most of the major curren...