Published on 8 May 2024 on GuruFocus.com via Yahoo Finance
International Money Express Inc (IMXI) Q1 Earnings: Aligns with EPS Projections and Surpasses ...
Revenue: Reported $150.4 million, a 3.5% increase year-over-year, slightly below estimates of $151.95 million.Net Income: Achieved $12.1 million, up 2.9% from the previous year, falling below the estimated $13.86 million.Earnings Per Share (EPS): Recorded at $0.35, marking a 12.9% increase, but below the estimated $0.40.Adjusted Earnings Per Share (EPS): Increased by 13.2% to $0.43 per share, exceeding the estimate of adjusted EPS.Adjusted EBITDA: Grew by 5.5% to $25.4 million, driven by robust operating results and strategic acquisitions.Customer Growth: Unique active customers rose by 3.0% to 4.2 million, supporting a 4.8% increase in money transfer transactions.Stock Repurchase: Repurchased 949,476 shares for $20.1 million, reflecting confidence in ongoing financial health and shareholder value enhancement.
Warning! GuruFocus has detected 3 Warning Sign with IMXI.