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Jun 30, 2020
Intermex Q2 2020 Earnings Report
Intermex reported record second quarter earnings with net income growth.
Key Takeaways
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.
Net Income increased by 26.9% to $9.0 million compared to the prior year period.
Basic and Diluted Earnings per Share increased by 26.3% to $0.24 compared to the prior year period.
Revenues increased by 2.9% to $85.1 million compared to the prior year period.
Free Cash generated from Net Income increased by 16.4% to $10.0 million compared to the prior year period.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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