International Money Express, Inc. (IMXI) revealed a profit for first quarter that decreased from last year and missed the Street estimates.
The company's earnings totaled $7.77 million, or $0.25 per share. This compares with $12.11 million, or $0.35 per share, last year.
Excluding items, International Money Express, Inc. reported adjusted earnings of $10.93 million or $0.35 per share for the period.
Analysts on average had expected the company to earn $0.42 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 4.1% to $144.31 million from $150.41 million last year.
International Money Express, Inc. earnings at a glance (GAAP) :
-Earnings: $7.77 Mln. vs. $12.11 Mln. last year.
-EPS: $0.25 vs. $0.35 last year.
-Revenue: $144.31 Mln vs. $150.41 Mln last year.
-Guidance:
Full year EPS guidance: $1.86 - $2.02
Full year revenue guidance: $634.9 - $654.2 Mln
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