ATM Machine – Can anything stop Cardtronics?

ATM Machine Cardtronics

The ATM operator surged ahead in Q2 with lots of good news about earnings — and one piece of really bad news from 7-Eleven.

Source: www.atmmarketplace.com

After several years of uncertainty, Cardtronics got the news in early July that many industry-watchers expected: 7-Eleven will not to renew the U.S. contract with its long-time ATM operator when it expires in 2017.

This leaves two immediate questions:

  • “What impact will the loss of 17.5 percent of its income have on the world’s largest IAD?”
  • “What about non-U.S. 7-11 stores where Cardtronics still operates cash dispensers?”

In its Q2 earnings call last week, the company addressed both questions, but with some delicacy.




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