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Moneygram International Inc  (MGI)
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    Sector  Services    Industry Professional Services


Profitable again

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Moneygram International Inc announced first quarter 2017 operating income of $22.1 millions

Sales growth of 7.73 % year on year to $386 millions in the first quarter 2017 helped company to reach profitability again and post earnings per share of $0.13.

In contrast to the forth quarter 2016 Sales fell by -23.57 % from $505 millions and income improved by 8.33 % from $0.12 per share.

Company achieved net income of $9 millions in the first quarter 2017 an improvement versus a net loss of $-4 millions in the same quarter a year ago. Although operating margin fell to 5.72%, in the first quarter 2017, the company's net margin actually improved to 2.28%.
Other MGI's Earnings Reports

Moneygram International Inc reported forth quarter 2016 earnings

Moneygram International Inc reported third quarter 2016 earnings

Moneygram International Inc reported second quarter 2016 earnings

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