Xoom (XOOM) Tops Q1 EPS by 10c; Guides FY14 EPS Above Expectations
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Xoom Reports First Quarter 2014 Results
April 22, 2014 4:05 PM EDT- Revenue of $35.9 Million, increase of 48% from Q1 2013
- Gross Sending Volume of $1.6 Billion, increase of 49% from Q1 2013
- 1,130,367 Active Customers, increase of 34% from Q1 2013
SAN FRANCISCO, April 22, 2014 (GLOBE NEWSWIRE) -- Xoom Corporation (Nasdaq: XOOM), a leading digital money transfer provider, today announced financial results for the first quarter of 2014:
Revenue for the first quarter was $35.9 million, an increase of 48% from the first quarter of 2013. Â Gross profit for the first quarter was $26.4 million, an increase of 57% from the first quarter of 2013. Â GAAP... More