Greetings, and welcome to the Euronet Worldwide First Quarter 2019 Earnings Conference Call. At this time, all participants are in listen-only mode. (Operator Instructions)
It is now my pleasure to introduce your host, Mr. Jeff Newman, Executive Vice President and General Counsel for Euronet Worldwide. Thank you. Mr. Newman, you may begin.
Jeffrey B. Newman
Thank you, Nicole. Good morning, and welcome everyone to Euronet's quarterly results conference call. We will present our results for the first quarter of 2019 on this call. We have Mike Brown, our CEO; Rick Weller, our CFO; and Kevin Caponecchi, Executive Vice President and CEO of our epay division on the call.
Before we begin, I need to make to -- call your attention to the forward-looking statements disclaimer, on the first page of the PowerPoint presentation, we'll be making today. Statements made on this call that concern Euronet's or its management's intentions, expectations, or predictions of future performance are forward-looking statements. Euronet's actual results may vary materially from those anticipated in such forward-looking statements as a result of a number of factors that are listed on the first page of our presentation. Euronet does not intend to update these forward-looking statements, and undertakes no duty to any person to provide any such update.
Please note also the reconciliation of certain non-GAAP measures to their GAAP equivalent's included in the supplemental data included as an annex to our PowerPoint presentation.
Now I'll turn the call over to our CFO, Rick Weller.
Rick L. Weller
Thank you, Jeff, and good morning, and welcome to everyone who is joining us today. I'll begin my comments on Slide 5. But before I begin, I'll apologize for my voice. I must have picked up something, and I assure you that I feel much better than I nice sound. But with that, let me get started on page 5 again.
We delivered first quarter revenue of $577, operating income of $56 million, and adjusted EBITDA of $87 million. Our adjusted EPS for the quarter was $0.85, a 16% year-over-year increase and $0.02 ahead of the guidance we provided in February. This strong first quarter EPS result was driven by double-digit operating income contributions from all three segments and with about a penny of tax benefit which was offset by about a penny of share dilution from our convertible bonds as a result of the increase in our share price.
Next slide please. On Slide 6, we show our three-year transaction trends by segment. EFT transactions grew 11%, driven by expansion of our ATM and point-of-sale processing networks in Europe and India. Epay transactions grew 31% with growth across Europe and significant contributions from mobile top-up transactions in India. Money transfer transactions grew 10% with growth across most sectors of the money transfer business.
Next slide please. On Slide 7 we present our segment financial results on an as-reported basis. On a year-over-year basis, there were significant changes in the exchange rates of the foreign currencies where we operate. For the most part, the major currencies declined
Jeffrey B. Newman
Executive Vice President and General Counsel
Rick L. Weller
Executive Vice President and Chief Financial Officer
Michael J. Brown
Chairman, Chief Executive Officer and President
Kevin J. Caponecchi
Executive Vice President and Chief Executive Officer, epay, Software and EFT Asia Pacific Division
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