EZCORP, Inc. (NASDAQ:EZPW) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
announcing its results of operations and financial condition for
the fiscal quarter and year ended September 30, 2016. A copy of
that press release is attached as Exhibit 99.1.
with generally accepted accounting principles in the United
States of America (“GAAP”), we provide certain other non-GAAP
financial information such as constant currency results
(“constant currency”). Management believes that presentation of
non-GAAP financial information is meaningful and useful in
understanding the activities and business metrics of our Mexico
Pawn operations, which are denominated in Mexican pesos.
Management believes that these non-GAAP financial measures
reflect an additional way of viewing aspects of our business
that, when viewed with our GAAP results, provides a more complete
understanding of factors and trends affecting our business.
Management provides non-GAAP financial information for
informational purposes and to enhance understanding of our GAAP
consolidated financial statements. We use this non-GAAP financial
information to evaluate and compare operating results across
accounting periods. Readers should consider the information in
addition to, but not instead of or superior to, its financial
statements prepared in accordance with GAAP. This non-GAAP
financial information may be determined or calculated differently
by other companies, limiting the usefulness of those measures for
comparative purposes.
99.1, shall not be deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that section, and shall not be deemed to be
incorporated by reference in any filing made by EZCORP under the
Securities Act of 1933 or the Securities Exchange Act of 1934.
during the Companys fourth quarter and annual fiscal 2016
earnings conference call (to be held on December 8, 2016) will be
posted in the Investor Relations section of the Companys website
at www.ezcorp.com.
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(d)
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Exhibits.
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99.1
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Press Release, dated December 7, 2016, announcing
EZCORP, Inc.s results of operations and financial condition for the fiscal quarter and year ended September 30, 2016. |
About EZCORP, Inc. (NASDAQ:EZPW)
EZCORP, Inc. provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through four segments: U.S. Pawn, which includes its EZPAWN, value pawn and jewelry, and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico; Grupo Finmart, which includes its Crediamigo and Adex payroll withholding loan operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International. It offers pawn loans, which are non-recourse loans, collateralized by tangible property, and it sells merchandise, primarily collateral forfeited from pawn lending operations and used merchandise purchased from customers at its pawn stores. EZCORP, Inc. (NASDAQ:EZPW) Recent Trading Information
EZCORP, Inc. (NASDAQ:EZPW) closed its last trading session up +0.05 at 11.80 with 362,309 shares trading hands.
