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Sep 30, 2020
Intermex Q3 2020 Earnings Report
Intermex achieved record remittances in October and market share gains in Q3 2020.
Key Takeaways
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 set an all-time one month high in October with 3.1 million remittances.
October remittances increased by 19.3% compared to October 2019.
The company achieved record monthly transactions to Mexico, Guatemala, El Salvador, and Honduras.
Intermex realized 20.0% market share in its core markets for Q3 2020, up from 18.7% in the prior year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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