Net 1 UEPS Technologies, Inc. Announces 2011 First Quarter Results

Net 1 UEPS Technologies, Inc. Announces 2011 First Quarter Results
Net 1 UEPS Technologies, Inc. today announced results for the three months ended September 30, 2010 . Revenue for 1Q 2011 was $64.3 million, a year over year decrease of 2% in US dollars and 7% in constant currency. Â During 1Q 2011, net income under US generally accepted accounting principles was $7.4 million versus net income of $17.9 million for the three months ended September 30, 2009 .

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