Intermex Q2 revenue up 23.5% to $169.2M but net income falls 3.5%; full-year guidance reduced

International Money Express, Inc.

2023-Q2 EPS reported $0.73 revenue$314,514,000

Revenue $169.2M (+23.5% YoY); net income $15.4M (-3.5%); diluted EPS $0.42 (+2.4%).
Adjusted diluted EPS $0.50 (+6.4%); adjusted EBITDA $30.9M (+11.7%).
Full-year 2023 guidance reduced: revenue $644.9-673.0M, adj. EBITDA $114.8-119.8M.
Q3 2023 guidance: revenue $165.7-176.8M, adj. diluted EPS $0.49-0.52.
Repurchased 416K shares for $10M plus 500K shares for $12.6M privately.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

International Money Express, Inc. reported the fiscal quarter ended June 30, 2023 results: revenue $169.2 million, net income $15.4 million, EPS $0.42 per share. Guidance lowered.

Period: the fiscal quarter ended June 30, 2023
Revenue: $169.2 million
Net income: $15.4 million
EPS: $0.42 per share
Guidance: lowered
Result: reported results

Exact text from the filing

solid growth during the second quarter of 2023. Financial performance highlights for the second quarter of 2023 compared with the same period last year are: • Revenues of $169.2 million, up 23.5%. • Net Income of $15.4 million, down 3.5%. • Diluted EPS of $0.42 per share, up 2.4%. • Adjusted Net Income of $18.4 million, up 0.6%. • Adjusted Diluted EPS of $0.50,

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Source: SEC EDGAR

accession 0001140361-23-037452

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