Xoom (XOOM) Tops Q2 EPS by 4c

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Xoom Reports Second Quarter 2014 Results

July 22, 2014 4:05 PM EDT

-  Revenue of $39.8 Million, increase of 19% from Q2 2013   -  Gross Sending Volume of $1.8 Billion, increase of 12% from Q2 2013   -  1,195,425 Active Customers, increase of 30% from Q2 2013

SAN FRANCISCO, Calif., July 22, 2014 (GLOBE NEWSWIRE) -- Xoom Corporation (Nasdaq: XOOM), a leading digital money transfer provider, today announced financial results for the second quarter of 2014:

Revenue for the second quarter was $39.8 million, an increase of 19% from the second quarter of 2013. Gross profit for the second quarter was $26.9 million, an increase of 15% from the second quarter of 2013. GAAP net income for the second quarter was... More