Categories Earnings, Finance

QIWI (QIWI): Q3 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— QIWI plc (NASDAQ: QIWI) reported Q3 2019 earnings of RUB 30.30, or $0.47 per share, vs. $0.33 expected.

— Adjusted revenues grew 15% to RUB 5,993 million, or $93 million, vs. $88 million expected.

— Payment Services segment net revenue increased 29% to RUB 5,484 million, or $85.1 million.  

— Total Payment Services volume increased 32% to RUB 391.3 billion, or $6.1 billion.

— FY19 adjusted net revenue is expected to increase by 15-19% over 2018.  

— QIWI shares gained 4% immediately following the announcement.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Also Read:  Earnings Preview: Nutanix likely to benefit from software and support in Q1

Most Popular

With right product mix and CAPEX discipline, Canopy Growth (CGC) can hit growth path

The latest quarterly performance of Canopy Growth Corporation (NYSE: CGC) was nothing short of a disaster, with the cannabis firm incurring a whopping C$1-billion loss in the final months of

Google’s cloud business is well-positioned for growth going forward

Alphabet’s (NYSE: GOOGL) subsidiary Google makes most of its money through its search and advertisement businesses but its cloud division is no small player. This segment is a significant growth

Nio (NIO) picks up speed after hitting COVID-19 roadblock and positions itself for future growth

The coronavirus outbreak impacted the automobile industry as a whole as operations were disrupted and people deferred their vehicle purchases due to a slump in the economy. Overall passenger vehicle

One thought on “QIWI (QIWI): Q3 2019 Earnings Snapshot

Comments are closed.

Top