secwatch.observer — SEC 8-K summary
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Issuer:     Western Union CO (WU)
CIK:        0001365135
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0000950170-23-016669
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Union Q1 revenue $1.04B (-10% YoY); GAAP EPS $0.40, down 46%; reaffirms 2023 outlook
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- Q1 revenue $1.04B, down 10% reported (1% constant currency adj.); C2C transactions down 6%.
- GAAP EPS $0.40 (-46% YoY); Adjusted EPS $0.43 (-16% YoY); GAAP operating margin 19.7%.
- Branded digital transactions up 7% globally; new branded digital customers up 14% (U.S. outbound +21%).
- Reaffirms 2023 adjusted outlook: revenue down 4%-2%, EPS $1.55-$1.65, operating margin 19%-21%.
- Cash from ops $137M vs $200M prior year; returned $88M in dividends during Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1365135/000095017023016669/0000950170-23-016669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1365135/000095017023016669/wu-20230502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-016669

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