• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Fintech Market
    Fintech News
    Fintech Stocks
    • Fintech Market
    • Fintech News
    • Fintech Stocks

    Cardtronics Boosts EBITDA, Repurchases 1 Million Shares

    Dorothy Neufeld
    Oct. 31, 2019 09:26AM PST
    Fintech Investing

    The world’s largest ATM operator announced a 13 percent increase in adjusted EBITDA following the repurchase of one million shares.

    Cardtronics (NASDAQ:CATM), a leading ATM provider announced improving adjusted earnings before interest, tax, depreciation and amortization for the quarter, as figures climbed 13 percent to US$87.1 million. During the quarter, the company announced key partnerships with a number of fintech firms for its Allpoint network access, and repurchased over 1 million shares.

    As quoted in the press release:

    “The third quarter results were highlighted by solid revenue and profit growth in both our North America and Europe & Africa segments. Revenue growth, coupled with continued operational execution, allowed us to deliver strong margin expansion in the quarter, resulting in double digit growth in Adjusted EBITDA. We continue to strengthen our two-sided network with several key partnerships recently executed across leading financial institutions, FinTechs, and retailers.  Branch transformation continues to be a priority for financial institutions of all sizes, and given the breadth and strength of our ATM network, we are well positioned to capitalize on this growing trend.  Looking ahead, we are increasingly confident in our ability to leverage our network to deliver profitable growth and strong returns for our shareholders,” commented Edward H. West, Cardtronics’ chief executive officer.

    Click here to read the full press release.

    united statesnasdaq:catm
    The Conversation (0)

    Go Deeper

    AI Powered
    Man holding iPad with fintech imagery above.

    Top 5 NASDAQ Fintech Stocks (Updated January 2025)

    man sitting on building looking at screen that says "fintech"

    Top 5 NASDAQ Fintech Stocks (Updated December 2023)

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Fintech Investing Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    Ă—