Intermex Q2 revenue $171.5M (+1.4%); net income $14.0M (-9.1%); adj. EPS $0.55 (+10%); revises FY guidance.

International Money Express, Inc.

2024-Q2 EPS reported $0.78 revenue$321,943,000

Revenue $171.5M (+1.4%); net income $14.0M (-9.1%); diluted EPS $0.42 flat YoY.
Adjusted diluted EPS $0.55 (+10.0%); adjusted EBITDA $31.1M (+0.6%).
Incurred $2.7M restructuring charges in Q2; expects >$2M annual savings from 2025.
Repurchased 521,651 shares for $11.2M in Q2; H1 total 1.64M shares for $34.6M.
FY2024 revised guidance: revenue $657.6-$677.6M, adj. EPS $2.07-$2.25, adj. EBITDA $121.1-$124.7M.

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