Qiwi Q1 Fruitful As Earnings, Sales Top; Shares Jump

By | May 14, 2015

Scalper1 News

Qiwi (QIWI), which operates a network of financial service kiosks in Russia and several nearby countries, surpassed first-quarter earnings and sales expectations and announced an acquisition. Earnings increased 41.3% in Russian rubles, above estimates for a 10.7% gain. Revenue rose 36.5%, topping forecasts for 15% growth. In dollars, the company earned 35 cents a share on revenue of $43 million. Qiwi continues to see 12%-16% growth for both Scalper1 News

Scalper1 News