MoneyGram (MGI) Reports Q4 EPS of $0.26
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MoneyGram International Reports Fourth Quarter and Full Year 2017 Financial Results
March 16, 2018 4:15 PM EDTDALLAS, March 16, 2018 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) today reported financial results for its fourth quarter and full year ended December 31, 2017.
Fourth Quarter Financial Results
Total revenue of $408.2 million declined 2% on a reported basis and 4% on a constant currency basis compared to fourth quarter 2016. Money transfer revenue results were primarily impacted by softness in the U.S. to U.S. business and slower growth in Africa, partially offset by the translation impact of the weaker U.S. dollar.... More