Cardtronics Announces Second Quarter 2008 Results

HOUSTON, Aug. 12, 2008 (PRIME NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM), the world's largest operator of ATMs, today announced its financial and operational results for the quarter ended June 30, 2008. Notable items for the second quarter include: * Consolidated revenues of $127.0 million, up 64% from the second quarter of 2007 * Adjusted EBITDA of $22.5 million, up 82% from the second quarter of 2007 * Adjusted Net Income of $3.1 million versus $0.8 million in the second quarter of 2007 * Significant improvements in key operating metrics versus the second quarter of 2007: -- Average number of transacting ATMs increased by 29% -- Total transactions increased by 84% -- Total cash withdrawal transactions increased by 78% -- Cash withdrawal transactions per ATM per month increased by 38% -- ATM operating revenues per ATM per... [read full story]