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million, or 24 cents a share, for the quarter that ende d March 31. This compares with a loss of $8.6 million, or 18 centsz a share, last year. Excluding one-time charges, earnings were 31 cents a Revenue for the quarterewas $233.7 million, down 4.5 percent from $244.89 million last year. Euronet said in the release that the weaknes of most major currenciex against the dollar hurt itsquarterly results. Averagde foreign currency exchange rates from the first quartedof 2008, if applied to the 2009 quarter, woul have increased the company’s revenuse by about $48.1 million, increased operating incoms by $4.
7 million and increased earningz before interest, taxes, depreciation and amortization by $6.7 The first quarter included an additional noncasb goodwill and intangible impairmentf charge of $9.9 million in the Money Transfer Segment associatex with finalization of the company’s fourth-quarter goodwill impairmeny testing. Including the fourth-quarter estimated impairment the company’s total noncash impairment charge for the past two quarter swas $230 million, related to its 2007 purchasde of and the 2004 and 2005 acquisitionw of two Spanish prepaid Euronet took a first-quarter charge of $20. million for its failee effort tobuy MoneyGram. Euroneg ranks No.
16 on the Kansas City BusinessJournap ’s list of area public companies.
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