Name | Value |
---|---|
Revenues | 1,091.9M |
Cost of Revenue | 681.0M |
Gross Profit | 410.9M |
Operating Expense | 259.3M |
Operating I/L | 99.5M |
Other Income/Expense | 117.0M |
Interest Income | 6.6M |
Pretax | 216.5M |
Income Tax Expense | -32.9M |
Net Income/Loss | 249.4M |
The Western Union Company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between consumers through a network of agents and sub-agents, offering international and intra-country transfers, as well as online and mobile transactions. The Business Solutions segment provides payment and foreign exchange solutions for small and medium-sized enterprises, organizations, and individuals, including cross-border and cross-currency transactions, foreign currency contracts, bill payment services, and money order services.