Russian Payment Provider Qiwi Exceeds Q3 Estimates

By | November 19, 2013

Qiwi (QIWI), of provider of next generation payment services in Russia, early Tuesday reported better-than-expected third-quarter earnings, raised its guidance and declared a dividend. Qiwi stock was up 4%, near 44.50, in midday trading in the stock market today. Earlier in the session, Qiwi stock hit an all-time high of 47.45. The company made its U.S. IPO in May, pricing shares at $17. The company is one of the largest providers of nonbank

Read More:
Russian Payment Provider Qiwi Exceeds Q3 Estimates