Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
South AfricaIPO:
19 April 1999Website:
http://www.lesakatech.comNext earnings report:
07 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | Fri, 01 Nov 2024 13:30:00 GMTDividend
Analysts recommendations
Institutional Ownership
LSAK Latest News
JOHANNESBURG, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced it will release first quarter 2025 results after the U.S. market close on November 6, 2024. Lesaka management will host a presentation webcast and conference call on November 7, 2024, at 8:00 a.m. Eastern Time (“EST”), which is 3:00 p.m. South Africa Standard Time (“SAST”), to review these results.
JOHANNESBURG, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (Nasdaq: LSAK; JSE: LSK) today announced it has completed its acquisition of Adumo RF (Pty) Ltd (“Adumo”). The transaction was settled through the issuance of 17,279,803 shares of Lesaka's common stock and a cash payment ZAR 232.2 million ($13.4 million), implying a total purchase consideration of ZAR 1.67 billion ($96.2 million) using Lesaka's October 1, 2024, closing price on the Johannesburg Stock Exchange of ZAR 83.05 per share. All amounts in this release have been translated to U.S. dollars at the October 1, 2024, closing exchange rate of $1: ZAR 17.34.
Lesaka Technologies (LSAK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Lesaka Technologies, a South Africa-based fintech, has surged by more than 54% year-to-date, as turnaround efforts have resulted in steady improvement to operating performance. However, given a bevy of potential catalysts, including the prospect of cost and growth synergies from an upcoming acquisition, point to further improvement ahead. If results for the current fiscal year meet even the low end of guidance, it may prove sufficient to a further move higher for LSAK stock.
Lesaka Technologies (LSAK) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.19 per share a year ago.
JOHANNESBURG, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the fourth quarter (“Q4 2024”) and year ended June 30, 2024 (“FY 2024”).
JOHANNESBURG, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced changes to augment its executive leadership team to align with the Company's ambitious growth targets. These changes represent a significant step forward as Lesaka positions itself as a natural consolidator and leading fintech in Southern Africa.
JOHANNESBURG, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced that it now intends to release its fourth quarter and year end June 2024 results on September 11, 2024, after markets close, in line with its Q4 and FY 2023 reporting timeframes.
Lesaka Technologies, Inc. (LSAK) Q2 2024 Earnings Call Transcript
Lesaka Technologies (LSAK) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.11 per share a year ago.
What type of business is Lesaka Technologies?
Lesaka Technologies, Inc. operates as a Fintech company, provides financial services solutions and software in Southern Africa. The company operates through two divisions, B2C Consumer and B2B Merchant Division. It operates a full-service platform that offers a range of solutions, including transactional accounts, lending, insurance, cash management, card acceptance, supplier payments, software services, and bill payments, as well as payment solutions and value added services. The company also engages in the sale of POS devices, SIM cards, and other consumables; and licenses of right to use certain technology developed by the company. It provides its services to formal and informal consumers, micro-merchants, merchants, and enterprise clients. The company was formerly known as Net 1 UEPS Technologies, Inc. and changed its name to Lesaka Technologies, Inc. in May 2022. Lesaka Technologies, Inc. was incorporated in 1997 and is headquartered in Johannesburg, South Africa.
What sector is Lesaka Technologies in?
Lesaka Technologies is in the Technology sector
What industry is Lesaka Technologies in?
Lesaka Technologies is in the Software Infrastructure industry
What country is Lesaka Technologies from?
Lesaka Technologies is headquartered in South Africa
When did Lesaka Technologies go public?
Lesaka Technologies initial public offering (IPO) was on 19 April 1999
What is Lesaka Technologies website?
https://www.lesakatech.com
Is Lesaka Technologies in the S&P 500?
No, Lesaka Technologies is not included in the S&P 500 index
Is Lesaka Technologies in the NASDAQ 100?
No, Lesaka Technologies is not included in the NASDAQ 100 index
Is Lesaka Technologies in the Dow Jones?
No, Lesaka Technologies is not included in the Dow Jones index
When was Lesaka Technologies the previous earnings report?
No data
When does Lesaka Technologies earnings report?
The next expected earnings date for Lesaka Technologies is 07 November 2024