MGI - MoneyGram Non-GAAP EPS of $0.09 misses by $0.06 revenue of $329.6M beats by $4.3M
- MoneyGram press release ( NASDAQ: MGI ): Q2 Non-GAAP EPS of $0.09 misses by $0.06 .
- Revenue of $329.6M (+0.1% Y/Y) beats by $4.3M .
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Digital revenue reached an all-time high of $92 million reaching 44% of money transfer transactions at the end of the second quarter
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Digital transactions increased 36% over the prior year
- Adjusted EBITDA decreased 9% on a reported basis to $50.0 million due to the dollar strengthening against major currencies, or a decrease of 3% on a constant currency basis
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MoneyGram Non-GAAP EPS of $0.09 misses by $0.06, revenue of $329.6M beats by $4.3M