International Money Express, Inc.
IMXIInternational Money Express, Inc. (IMXI) is a financial services company that specializes in cross-border remittances and payment processing. It provides money transfer services primarily focused on serving immigrants and underserved communities in the United States and Latin America, leveraging a network of transaction agents and digital platforms to facilitate quick and secure money transfers across borders.
Company News
Intermex and Banco Industrial have partnered to launch the Zigi App, a digital platform enabling Guatemalans to receive remittances directly into their accounts using only a phone number, with the goal of enhancing financial inclusion and providing more convenient money transfer services.
Law firm Monteverde & Associates is investigating potential merger-related shareholder actions for four companies involving potential mergers and acquisitions.
International Money Express reported mixed Q2 2025 financial results, with adjusted EPS slightly beating estimates but revenue falling short. Transaction volumes declined, though digital product growth remained robust, and the company is pending acquisition by Western Union.
International Money Express (IMXI) delivered earnings and revenue surprises of 10.26% and 0.13%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
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