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GLD 495.90+0.3%Jan 29 4:00 PM EST

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To: Snowshoe who wrote (7784)8/30/2006 2:49:11 PM
From: Snowshoe  Read Replies (1) of 219895
 
Net 1 Ueps Tech shares rise on earnings release

By Ana Campoy
Last Update: 2:23 PM ET Aug 30, 2006

SAN FRANCISCO (MarketWatch) - Net 1 UEPS Technologies Inc.'s (UEPS) shares rose 9.7% to $24.44 in afternoon trading Wednesday. Late Tuesday, the South Africa-based provider of smart card technologies reported fourth-quarter net earnings of $15.5 million, or 27 cents a share, compared with $10.1 million, or 18 cents a share, in the same period last year. Analysts polled by Thomson First Call had expected per-share earnings of 27 cents. Quarterly revenue rose 16% to $48.2 million from $41.4 million.
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