MoneyGram International, Inc. (MGI) Misses Q2 EPS by 5c

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MoneyGram International Reports Second Quarter 2014 Financial Results

August 1, 2014 7:00 AM EDT

Self-service money transfer transaction growth accelerates to 60% Renewed two top agent contracts: CVS pharmacy and Canada Post Recognized $22.4 million gain from securities settlements

DALLAS, TX August 1, 2014 (GLOBE NEWSWIRE) -- MoneyGram (NASDAQ: MGI), a leading money transfer company, today reported financial results for its second quarter ending June 30, 2014.

Money Transfer Highlights

Money transfer revenue increased to $328.3 million, representing growth of 3 percent over the prior year on a reported basis and 1 percent in constant currency. Money transfer transactions increased 4 percent over... More