XOOM (XOOM) Tops Q3 EPS by 5c

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Xoom Reports Third Quarter 2014 Results

October 28, 2014 4:03 PM EDT

- Revenue of $39.4 Million, increase of 22% from Q3 2013

- Gross Sending Volume of $1.7 Billion, increase of 13% from Q3 2013

- 1,221,733 Active Customers, increase of 22% from Q3 2013

- CFO Ryno Blignaut stepping down; will be succeeded by VP of Finance Matt Hibbard

SAN FRANCISCO, Oct. 28, 2014 (GLOBE NEWSWIRE) -- Xoom Corporation (Nasdaq: XOOM), a leading digital money transfer provider, today announced financial results for the third quarter of 2014:

Revenue for the third quarter was $39.4 million, an increase of 22% from the third quarter of 2013. Gross profit for the third quarter was... More