earnings
confidence high
sentiment positive
materiality 0.70
Intermex Q1 revenue $150.4M (+3.5%), adj EPS $0.43 (+13.2%); reaffirms FY guidance
International Money Express, Inc.
2024-Q1 EPS reported
$0.35
revenue$150,412,000
- Revenue $150.4M (+3.5% YoY); net income $12.1M (+2.9%); diluted EPS $0.35 (+12.9%).
- Adjusted diluted EPS $0.43 (+13.2%); Adjusted EBITDA $25.4M (+5.5%).
- Active customers 4.2M (+3.0%), transactions 13.5M (+4.8%), principal $5.5B (+2.6%).
- Repurchased 1.12M shares for $23.4M in Q1 (open market and private transaction).
- Q2 restructuring charge ~$2.4M expected to generate >$2.0M annual savings; FY guidance reaffirmed.