International Money Express, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024
February 27, 2024 at 01:01 pm
Share
International Money Express, Inc. provided earnings guidance for the first quarter and full year 2024. For the quarter, the company expects revenue of $150.4 million to $155.0 million and diluted EPS of $0.32 to $0.35.
For the full year, the company expects revenue of $681.0 million to $701.8 million and diluted EPS of $1.81 to $1.96.
International Money Express, Inc. is an omnichannel money remittance services company. The Company provides the digital movement of money through a network of agent retailers in the United States, Canada, Spain, Italy and Germany; through Company-operated stores; its mobile application; and the Companyâs Websites. Its remittance services include a suite of ancillary financial processing solutions and payment services available in all 50 states in the United States, Washington D.C., Puerto Rico and 13 provinces in Canada. It offers money remittance services to LAC countries, mainly Mexico and Guatemala, and others. These services involve the movement of funds on behalf of an originating consumer for receipt by a designated beneficiary at a designated receiving location. The money remittance services enable consumers to send funds through its network of locations in the United States and Canada that are primarily operated by third-party businesses.