ATM growth boosts Euronet Worldwide
October 24, 2007
The Kansas City Star:Euronet Worldwide Inc. reported a 12-percent increase in profit as its global network of ATMs expanded and its transaction-processing business grew. The Leawood, Kan.-based company, which specializes in ATMs, payment processing payments for services like prepaid phones and money transfers, reported net income growth from 26 cents a share to 29 cents in the third quarter. Overall, net income rose 42 percent, hitting $14.8 million from $10.4 million. Sales grew 52 percent, from $161.7 million to $246.3 million. Euronet owned and/or operated 10,516 ATMs at the