Lesaka Technologies: Fiscal Q4 Earnings Snapshot

September 9, 2022 GMT

ROSEBANK, South Africa (AP) _ Lesaka Technologies, Inc. (LSAK) on Friday reported a fiscal fourth-quarter loss of $15.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Rosebank, South Africa-based company said it had a loss of 25 cents. Losses, adjusted for non-recurring costs and amortization costs, came to 9 cents per share.

The payments company posted revenue of $121.8 million in the period.

For the year, the company reported that its loss widened to $43.9 million, or 75 cents per share. Revenue was reported as $222.6 million.

For the current quarter ending in September, Lesaka Technologies said it expects revenue in the range of $130 million to $133 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSAK at https://www.zacks.com/ap/LSAK