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Optimal Payments first-half profit soars 78 pct
Sept. 10 (Reuters) - Online money transfer company OptimalPayments Plc's first-half pretax profit rose 78percent, driven by robust sales at its high-margin Netellere-wallet business.
The company, which moves billions of dollars per year inover 200 countries and territories with over 100 types ofpayment and multi-currency options, said pretax profit rose to$27.5 million for the six months ended June 30, from $15.5million a year earlier.
Optimal now expects its full-year results to beat its ownexpectations.
Revenue rose 34 percent to $159.1 million. (Reporting by Noor Zainab Hussain and Abhiram Nandakumar inBangalore; Editing by Sunil Nair)
Latest OPAY News
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13 Oct 2015 - AGM, EGM Calendar - Week Ahead
21 Sep 2015 - Optimal Payments Allots Further Shares For FANS Acquisition (ALLISS)
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26 Aug 2015
Related News
Optimal Payments investigating alleged data breaches
(ShareCast News) - Optimal Payments said a small amount of its customers' personal data has been compromised and is is in the public domain, and this ...
OPAY.L News
Optimal Payments investigating alleged data breaches
(ShareCast News) - Optimal Payments said a small amount of its customers' personal data has been compromised and is is in the public domain, and this ...
AGM, EGM Calendar - Week Ahead
BUZZ-Optimal Payments: Strong H1 boosts stock
** Online money transfer co Optimal Payments up 7 pct after co reports a robust H1 ** Nearly half the stock's day's average volume traded in the first...
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