Lesaka Technologies Reports Q1 Loss, Adjusted Revenue

Lesaka Technologies reports a net loss of $4.3 million in Q1, translating to a loss of $0.05 per share. However, after adjusting for non-recurring costs and stock option expenses, the adjusted earnings come in at $0.06 per share. The company also posted total revenue of $171.4 million, with adjusted revenue at $86.6 million. These figures provide a mixed view of Lesaka Technologies performance in its first fiscal quarter.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.