Wirecard EPS surges 50% to €0.86 in Q1

Wednesday, 08. May 2019 08:31

Wirecard AG said on Wednesday that its earnings per share in the first quarter of 2019 stood at €0.86, surging 50% compared to the same three months a year ago.

The German financial services provider's revenue rose 35% year on year to €566.7 million and EBITDA was up 41% to €158 million. The company added that its transaction volume during the first three months of 2018 increased by 37.4% and that it raised its EBITDA guidance for 2019 to between €760 million and €810 million.

"The convergence of digital payment with innovative value-added services in the field of financial services and data-driven services on one platform will drive the formation of one of the world's largest growth markets," CEO Markus Braun stated.

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