MoneyGram (MGI) Misses Q2 EPS by 6c

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MoneyGram International Reports Second Quarter 2016 Financial Results

July 29, 2016 7:00 AM EDT

DALLAS, July 29, 2016 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) today reported financial results for its second quarter ended June 30, 2016.

Second Quarter Financial Results

Total revenue for the quarter was $383.7 million, an increase of 7% on a reported and constant currency basis. Net income for the quarter was $3.1 million, an increase of $15.5 million, and EBITDA was $50.1 million,... More