Intermex Earnings Reports

Intermex reported a strong second quarter of 2024 with record Q2 revenues and double-digit Adjusted EPS growth, driven by the execution of their omnichannel strategy and focus on efficiency.

Intermex reported strong operating results for the first quarter of 2024, with a 3.5% increase in revenues to $150.4 million and a 2.9% increase in net income to $12.1 million. Diluted EPS increased by 12.9% to $0.35 per share, and Adjusted Diluted EPS increased by 13.2% to $0.43 per share.

Intermex reported strong Q4 2023 results, with double-digit revenue growth and outsized growth in EPS, Adjusted EBITDA, and Adjusted EPS. The company's efficient business model generated strong cash flow, allowing for investments and share repurchases.

Intermex reported strong Q3 2023 results, beating market consensus for revenue. Revenue increased by 22.5% to $172.4 million. Net income was $14.8 million, a decrease of 10.8%. Adjusted EBITDA grew 14% to $31.7 million.

Intermex reported a 23.5% increase in revenue to $169.2 million, driven by core growth and acquisitions, but net income decreased by 3.5% to $15.4 million due to higher expenses. The company saw a 41.1% increase in active customers and a 26.7% increase in money transfer transactions, with digital transactions growing by 62.9%.

Intermex reported a strong first quarter in 2023, marked by a 26.8% increase in revenue to $145.4 million and a 0.9% increase in net income to $11.8 million. The company's growth was driven by the inclusion of La Nacional and solid core growth, resulting in a 37.4% increase in unique active customers and a 28.6% increase in money transfer transactions.

Intermex reported strong Q4 2022 results with double-digit revenue growth and a record number of money transfer transactions. The company's omnichannel strategy and focus on fundamentals drove significant value for shareholders.

Intermex reported a strong third quarter of 2022, marked by double-digit increases in key financial performance measures and continued market share growth. The company's success is attributed to its omnichannel business model and the recent acquisition of La Nacional, which expands its market presence.

Intermex reported a strong second quarter with double-digit increases in all key financial performance measures, continuing its four-year track record of exceptional earnings growth as a public company.

Intermex reported strong double-digit growth across all key operating performance measures in Q1 2022, driven by its competitive advantage in the Latin American money transfer market. Revenues increased by 21.2%, net income grew by 29.8%, and digital transactions more than doubled.

Intermex reported record fourth-quarter results, with revenues increasing by 28.1% to $127.2 million and net income increasing by 36.5% to $13.1 million. The company saw growth across all primary and emerging markets, as well as further advances in the digital sector.

Intermex reported a strong Q3 2021 with a 26.3% increase in revenues, a 21.2% increase in net income, and a record market share in Mexico, Guatemala, El Salvador, and Honduras. The company is raising its full-year 2021 guidance for Revenues and Adjusted EBITDA and narrowing its Net Income and Adjusted Net Income.

Intermex reported a record second quarter with revenues of $116.7 million, a 37.2% increase year-over-year, driven by a 33.4% increase in net money transfer transactions. Net income increased by 47.3% to $13.2 million, with basic and diluted EPS of $0.34, up 41.7% compared to the prior year. The company also raised its full-year guidance for revenues, net income, and adjusted EBITDA.

Intermex reported a record first quarter with a 22.4% increase in revenues to $94.6 million, a 57.8% increase in Net Income to $9.0 million, and basic and diluted earnings per share of $0.23, up 53.3% compared to the prior-year period.

Intermex reported record revenues of $99.3 million, a 19.3% increase year-over-year, and record net income of $9.6 million, an 80.1% increase year-over-year, for the fourth quarter of 2020. The company's basic and diluted EPS were $0.25, up 78.6% compared to the prior-year period.

Intermex announced a record high in remittances for October, with 3.1 million transactions, a 19.3% increase over October 2019. The company also experienced accelerating market share gains in Q3 2020, reaching 20.0% in its core markets compared to 18.7% in the prior year.

Intermex announced record second quarter results, with revenues of $85.1 million, an increase of 2.9% year-over-year, and net income of $9.0 million, a 26.9% increase year-over-year. The company's growth was supported by an increase in customers and transactions, driven by agent growth and expansion of services.

Intermex reported a strong first quarter in 2020, with an 80% increase in net income compared to the previous year. Revenues also grew by 13.0%, driven by volume growth in the LATAM and Caribbean corridor. Despite challenges from the COVID-19 pandemic, the company remained profitable and generated free cash flow.

Intermex reported a 10.9% increase in revenue for Q4 2019, alongside a rise in net income and adjusted EBITDA, driven by efficiency initiatives.