MGI - MoneyGram Non-GAAP EPS of $0.09 misses by $0.01 revenue of $307.6M misses by $10.1M
MoneyGram press release (NASDAQ:MGI): Q1 Non-GAAP EPS of $0.09 misses by $0.01. Revenue of $307.6M (-0.8% Y/Y) misses by $10.1M. "Record high digital revenue, strong customer retention rates and overall international growth drove strong first quarter results," said Alex Holmes MoneyGram Chairman and CEO. "Our ability to serve customers directly at scale is enabling the company to navigate continued global volatility, and we're excited to report that digital transactions now account for over 40% of our money transfer business."
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MoneyGram Non-GAAP EPS of $0.09 misses by $0.01, revenue of $307.6M misses by $10.1M