MoneyGram (MGI) Reports In-Line Q1 EPS

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MoneyGram International Reports First Quarter 2016 Financial Results

April 29, 2016 7:00 AM EDT

DALLAS, April 29, 2016 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) today reported financial results for its first quarter ended March 31, 2016.

"We delivered strong revenue and adjusted EBITDA growth in the quarter.  Our strategic focus on targeted corridor development, optimization of the customer experience, and prudent expense controls were key to these results," said Alex Holmes, MoneyGram's chief executive officer.  "While global markets... More