MoneyGram (MGI) Reports Q4 EPS of $0.26

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Go back to MoneyGram (MGI) Reports Q4 EPS of $0.26

MoneyGram International Reports Fourth Quarter and Full Year 2017 Financial Results

March 16, 2018 4:15 PM EDT

DALLAS, 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