Lesaka Technologies (LSAK) Set to Announce Quarterly Earnings on Wednesday

Lesaka Technologies (NASDAQ:LSAK) will release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Lesaka Technologies to post earnings of ($0.05) per share for the quarter. Lesaka Technologies has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Lesaka Technologies (NASDAQ:LSAK) last posted its quarterly earnings results on Tuesday, February 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.02. Lesaka Technologies had a negative net margin of 4.77% and a negative return on equity of 14.17%. The firm had revenue of $143.89 million for the quarter, compared to analyst estimates of $144.48 million. On average, analysts expect Lesaka Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lesaka Technologies Trading Up 2.9 %

Shares of NASDAQ:LSAK opened at $4.56 on Monday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.36 and a current ratio of 1.58. Lesaka Technologies has a 52-week low of $3.00 and a 52-week high of $4.70. The company has a 50-day simple moving average of $3.89 and a 200 day simple moving average of $3.76. The company has a market capitalization of $284.27 million, a P/E ratio of -11.12 and a beta of 0.95.

About Lesaka Technologies

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa.