Lesaka Technologies Q3 2024 Adj EPS $0.02 Beats $(0.04) Estimate, Sales $138.194M Miss $145.526M Estimate

5/8/24 4:56:18 PM ET

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Lesaka Technologies (NASDAQ:LSAK) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.04) by 150 percent. This is a 200 percent increase over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $138.194 million which missed the analyst consensus estimate of $145.526 million by 5.04 percent. This is a 3.15 percent increase over sales of $133.968 million the same period last year.

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Lesaka to Host Webcast and Conference Call to Review First Quarter 2025 Results
JOHANNESBURG, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. ("Lesaka" or the "Company") (NASDAQ:LSAK, JSE: LSK))) today announced it will release first quarter 2025 results after the U.S. market close on November 6, 2024. Lesaka management will host a presentation webcast and conference call on November 7, 2024, at 8:00 a.m. Eastern Time ("EST"), which is 3:00 p.m. South Africa Standard Time ("SAST"), to review these results. Presentation webcast via Zoom:Link to access the results webcast: https://bit.ly/3BB5RHG Participants using the webcast will be able to ask questions by raising their hand and then asking the question "live." Conference call dial-in: US Toll-Free: +1
10/7/24 4:05:00 PM ET
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Lesaka completes the acquisition of Adumo, cementing its position as the leading independent fintech in Southern Africa
JOHANNESBURG, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. ("Lesaka" or the "Company") (NASDAQ:LSAK, JSE: LSK))) today announced it has completed its acquisition of Adumo RF (Pty) Ltd ("Adumo"). The transaction was settled through the issuance of 17,279,803 shares of Lesaka's common stock and a cash payment ZAR 232.2 million ($13.4 million), implying a total purchase consideration of ZAR 1.67 billion ($96.2 million) using Lesaka's October 1, 2024, closing price on the Johannesburg Stock Exchange of ZAR 83.05 per share. All amounts in this release have been translated to U.S. dollars at the October 1, 2024, closing exchange rate of $1: ZAR 17.34. The acquisition of Adumo, So
10/2/24 8:05:00 AM ET
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Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025
JOHANNESBURG, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (NASDAQ:LSAK, JSE: LSK))) today released results for the fourth quarter ("Q4 2024") and year ended June 30, 2024 ("FY 2024"). FY 2024 performance: Revenue increased 11% in South African Rand ("ZAR")1 to $564.2 million (ZAR 10.6 billion).Operating income increased to $3.6 million (ZAR 67.3 million), compared to an operating loss of $15.3 million (ZAR 275.3 million) in FY 2023.Net loss improved 48% in ZAR to $17.4 million (ZAR 326.1 million), compared to a net loss of $35.1 million (ZAR 629.2 million) in FY 2023.GAAP loss per share improved 49% in ZAR, to $0.27 (ZAR R5.07).Guidance for Group Adjusted EBITDA (a n
9/11/24 4:05:00 PM ET
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Lesaka to Host Webcast and Conference Call to Review First Quarter 2025 Results
JOHANNESBURG, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. ("Lesaka" or the "Company") (NASDAQ:LSAK, JSE: LSK))) today announced it will release first quarter 2025 results after the U.S. market close on November 6, 2024. Lesaka management will host a presentation webcast and conference call on November 7, 2024, at 8:00 a.m. Eastern Time ("EST"), which is 3:00 p.m. South Africa Standard Time ("SAST"), to review these results. Presentation webcast via Zoom:Link to access the results webcast: https://bit.ly/3BB5RHG Participants using the webcast will be able to ask questions by raising their hand and then asking the question "live." Conference call dial-in: US Toll-Free: +1
10/7/24 4:05:00 PM ET
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Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025
JOHANNESBURG, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (NASDAQ:LSAK, JSE: LSK))) today released results for the fourth quarter ("Q4 2024") and year ended June 30, 2024 ("FY 2024"). FY 2024 performance: Revenue increased 11% in South African Rand ("ZAR")1 to $564.2 million (ZAR 10.6 billion).Operating income increased to $3.6 million (ZAR 67.3 million), compared to an operating loss of $15.3 million (ZAR 275.3 million) in FY 2023.Net loss improved 48% in ZAR to $17.4 million (ZAR 326.1 million), compared to a net loss of $35.1 million (ZAR 629.2 million) in FY 2023.GAAP loss per share improved 49% in ZAR, to $0.27 (ZAR R5.07).Guidance for Group Adjusted EBITDA (a n
9/11/24 4:05:00 PM ET
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Lesaka to Host Webcast and Conference Call to Review Q4 and FY 2024 Results on September 12, 2024
JOHANNESBURG, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. ("Lesaka" or the "Company") (NASDAQ:LSAK, JSE: LSK))) today announced that it now intends to release its fourth quarter and year end June 2024 results on September 11, 2024, after markets close, in line with its Q4 and FY 2023 reporting timeframes. Lesaka management will host a presentation webcast and conference call on September 12, 2024, at 8:00 a.m. Eastern Time ("EST"), which is 2:00 p.m. South Africa Standard Time ("SAST"), to review these results. Presentation webcast via Zoom:Link to access the results webcast: https://bit.ly/3zGC4fy Participants using the webcast will b
8/27/24 8:05:00 AM ET
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As of June 24, 2024, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Lesaka Technologies Inc (NASDAQ:LSAK) On May 8, Lesaka Technologies posted a profit for the t
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Lesaka Technologies Reaffirms FY24 Revenue Of ZAR 10.7 Billion - ZAR 11.7 Billion
Outlook for the Fourth Quarter 2024 ("Q4 2024") and Full Fiscal Year 2024 ("FY 2024")Lease expenses which were previously excluded from the calculation of Group Adjusted EBITDA have now been included in the calculation. This change is in response to comments received from the staff of the SEC in March 2024 regarding our non-GAAP financial reporting. Comparative information has been adjusted to conform with the updated presentation.While we report our financial results in USD, we measure our operating performance in ZAR, and as such we provide our guidance accordingly.We re-affirm our revenue outlook for FY 2024. We expect:Revenue between ZAR 10.7 billion and ZAR 11.7 billion. We raise* our G
5/8/24 7:08:30 PM ET
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Lesaka Technologies Q3 2024 Adj EPS $0.02 Beats $(0.04) Estimate, Sales $138.194M Miss $145.526M Estimate
Lesaka Technologies (NASDAQ:LSAK) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.04) by 150 percent. This is a 200 percent increase over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $138.194 million which missed the analyst consensus estimate of $145.526 million by 5.04 percent. This is a 3.15 percent increase over sales of $133.968 million the same period last year.
5/8/24 4:56:18 PM ET
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Lesaka Technologies Q3 2024 Adj EPS $0.02 Beats $(0.04) Estimate, Sales $138.194M Miss $145.526M Estimate

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Insider Purchases

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Mazanderani Ali bought $269,429 worth of shares (52,418 units at $5.14), increasing direct ownership by 16% to 374,894 units (SEC Form 4)

Mazanderani Ali bought $1,064,171 worth of shares (322,476 units at $3.30) (SEC Form 4)

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Lesaka to Host Webcast and Conference Call to Review First Quarter 2025 Results

Lesaka completes the acquisition of Adumo, cementing its position as the leading independent fintech in Southern Africa

Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025

$LSAK
Insider Trading

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New insider Sparrow Dean Chad claimed ownership of 1,762 shares (SEC Form 3)

Group CFO Smith Daniel Luke was granted 100,000 shares (SEC Form 4)

SEC Form 3 filed by new insider Smith Daniel Luke

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Lesaka appoints fintech entrepreneur Ali Mazanderani as Chairman, Kuben Pillay as Lead Independent Director, and Chris Meyer to conclude tenure as Group CEO in February 2024

Lesaka Appoints Venessa Naidoo, Proven Finance and Technology Leader, as a Board Member

SEC Form SC 13G filed by Lesaka Technologies Inc.

Amendment: SEC Form SC 13D/A filed by Lesaka Technologies Inc.

SEC Form SC 13G/A filed by Lesaka Technologies Inc. (Amendment)

SEC Form DEFA14A filed by Lesaka Technologies Inc.

SEC Form DEFA14A filed by Lesaka Technologies Inc.

SEC Form DEF 14A filed by Lesaka Technologies Inc.

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Lesaka to Host Webcast and Conference Call to Review First Quarter 2025 Results

Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025

Lesaka to Host Webcast and Conference Call to Review Q4 and FY 2024 Results on September 12, 2024

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Lesaka Technologies Reaffirms FY24 Revenue Of ZAR 10.7 Billion - ZAR 11.7 Billion