Lesaka Technologies (NASDAQ:LSAK) Announces Earnings Results, Misses Estimates By $0.02 EPS

Lesaka Technologies (NASDAQ:LSAK) released its earnings results on Wednesday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02), Yahoo Finance reports. Lesaka Technologies had a negative net margin of 4.41% and a negative return on equity of 13.73%. During the same period in the previous year, the business earned ($0.19) earnings per share. Lesaka Technologies updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

Lesaka Technologies Stock Up 9.9 %

Lesaka Technologies stock opened at $5.00 on Thursday. Lesaka Technologies has a 1-year low of $3.00 and a 1-year high of $5.33. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.60 and a quick ratio of 1.41. The stock has a market cap of $318 million, a PE ratio of -13.16 and a beta of 0.94. The stock’s fifty day moving average is $4.76 and its two-hundred day moving average is $4.45.

Insider Buying and Selling at Lesaka Technologies

In other news, Director Christopher G.B. Meyer sold 10,000 shares of Lesaka Technologies stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $4.89, for a total transaction of $48,900.00. Following the sale, the director now owns 665,868 shares in the company, valued at $3,256,094.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 106,217 shares of company stock worth $496,322 over the last ninety days. Corporate insiders own 4.37% of the company’s stock.

Lesaka Technologies Company Profile

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.