Name | Value |
---|---|
Revenues | 1,170.0M |
Cost of Revenue | 698.9M |
Gross Profit | 471.1M |
Operating Expense | 228.5M |
Operating I/L | 242.6M |
Other Income/Expense | -26.2M |
Interest Income | 4.2M |
Pretax | 216.4M |
Income Tax Expense | 40.2M |
Net Income/Loss | 176.2M |
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.