Western Union (WU) Tops Q2 EPS by 4c, Revenues Beat
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Western Union Reports Second Quarter Results
August 4, 2020 4:05 PM EDTMoney transfer transaction growth turns positive for June and continues into July
Digital money transfer revenue grew nearly 50%, on record customers and transactions
Operating margin remains solid: 19.9% GAAP, 20.4% adjusted
DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today reported second quarter financial results, and provided an update on its business trends and digitally-focused growth strategy.
The Companys second quarter revenue of $1.1 billion declined 17%, compared to the prior year... More
