Categories Energy, Finance

MoneyGram International (MGI): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— MoneyGram International Inc. (NASDAQ: MGI) reported Q4 2019 earnings of $0.01 per share, vs. $0.02 per share loss expected.

— Q4 revenues fell 6% to $323.7 million, vs. $329.2 million expected.

— Money transfer revenue fell 6% to $285.9 million. Investment revenue was $12.4 million.

— Q1 2020 total revenue is expected to be approx. $300 million, and adjusted EBITDA of approx. $50 million.

— MGI shares ended their last trading session down 3% on Monday.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Also Read:  360 DigiTech (NASDAQ: QFIN) Q3 2020 Research Summary

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