MoneyGram International Reports First Quarter 2019 Financial Results

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Go back to MoneyGram International Reports First Quarter 2019 Financial Results

MoneyGram (MGI) Misses Q1 EPS by 13c, Revenues Miss

May 8, 2019 6:42 AM EDT

MoneyGram (NASDAQ: MGI) reported Q1 EPS of ($0.06), $0.13 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $315.4 million versus the consensus estimate of $333.13 million.

First Quarter 2019 Financial Results

Total revenue was $315.4 million and $380.0 million for the three months ended March 31, 2019 and 2018, respectively.Money transfer revenue was $273.3 million for the quarter compared to $336.6 million for the three months ended March 31, 2018.Total digital revenue... More