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Cardtronics: Q1 Earnings Snapshot
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HOUSTON (AP) Cardtronics Inc. (CATM) on Friday reported first-quarter profit of $5.9 million.
On a per-share basis, the Houston-based company said it had profit of 13 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 42 cents per share.
The ATM operator posted revenue of $267.8 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $264.7 million.
Cardtronics shares have increased 10% since the beginning of the year. In the final minutes of trading on Friday, shares hit $38.88, a rise of 92% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CATM at https://www.zacks.com/ap/CATM
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