Name | Value |
---|---|
Revenues | 983.6M |
Cost of Revenue | 619.2M |
Gross Profit | 364.4M |
Operating Expense | 187.0M |
Operating I/L | 177.4M |
Other Income/Expense | -30.1M |
Interest Income | 1.7M |
Pretax | 147.3M |
Income Tax Expense | 23.8M |
Net Income/Loss | 123.5M |
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.