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Euronet ranks 7th on Forbes' fastest-growing tech companies list
February 4, 2007
LEAWOOD, Kan. - Euronet Worldwide Inc. announced in a news release that it ranked No. seven on Forbes' annual list of the 25 fastest-growing technology companies. Euronet was one of the 13 new additions with a five-year annualized sales growth of 69 percent and a projected annual profit growth of 20 percent for the next three to five years to be added to the list.
"We are very pleased to be recognized by Forbes magazine as one of America's 25 fastest-growing technology companies," said Michael J. Brown, Euronet's chairman, chief executive and president. "Technology is a key part of our everyday lives and we are committed to finding new ways of delivering innovative payment solutions to simplify the lives of our customers,"
The 25 fastest-growing technology companies were selected out of 2,200 publicly traded U.S. technology stocks with at least $25 million in sales, 10 percent annual sales growth for five consecutive years, profitability over the past 12 months, and 10 percent estimated annual profit growth for the next three to five years.
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