NEW YORK, NY / ACCESSWIRE / May 11, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Net 1 UEPS Technologies, Inc. ("Net 1" or "the Company") (NASDAQ:UEPS). Investors who purchased Net 1 securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ueps.

The investigation concerns whether Net 1 and certain of its officers and/or directors have violated federal securities laws.

On May 6, 2021, Net 1 reported its financial and operating results for the third quarter of its 2021 fiscal year. Among other results, the Company reported non-GAAP earnings per share of -$0.24 per share, missing consensus estimates by $0.04, and revenue of $28.83 million, representing a decline of 16.7% year-over-year and missing consensus estimates by $4.09 million. On this news, Net 1's stock price fell $0.62 per share, or 11.81%, to close at $4.63 per share on May 7, 2021.

If you are aware of any facts relating to this investigation, or purchased Net 1 shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/ueps. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz and Grossman, LLC

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