secwatch.observer — SEC 8-K summary
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Issuer:     Western Union CO (WU)
CIK:        0001365135
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0000950170-23-055182
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Union Q3 revenue $1.10B (+7% adj.); EPS $0.46/$0.43; raises FY outlook
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- Q3 GAAP revenue $1.10B, up 7% adjusted constant currency; GAAP EPS $0.46, adjusted EPS $0.43, both +2% YoY.
- Branded digital revenue +3%, transactions +12% YoY; C2C transactions +5% (including Iraq +2% retail).
- GAAP operating margin 19.2% vs 21.3%; adjusted margin 19.6% vs 20.6% due to higher tech and variable costs.
- Full-year 2023 outlook improved: adjusted revenue 0% to 1%, GAAP EPS $1.67-$1.74, adjusted EPS $1.68-$1.75.
- YTD operating cash flow $519M; returned $363M to shareholders ($263M dividends, $100M buybacks).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1365135/000095017023055182/0000950170-23-055182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1365135/000095017023055182/wu-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-055182

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