Welcome to our dedicated page for International Mny Express news (Ticker: IMXI), a resource for investors and traders seeking the latest updates and insights on International Mny Express stock.
International Money Express Inc (IMXI) delivers essential financial connectivity through its cross-border remittance services. This news hub provides investors and stakeholders with timely updates on corporate developments shaping the money transfer industry.
Access official press releases and market analyses covering quarterly earnings, strategic partnerships, and service expansions. Our curated collection helps you monitor IMXI's operational milestones in key Latin American corridors and evolving digital payment solutions.
Discover updates on regulatory compliance initiatives, technology enhancements to IMXI's omnichannel platform, and leadership announcements impacting the company's growth trajectory. Bookmark this page for streamlined access to verified information supporting your financial research needs.
International Money Express, Inc. (NASDAQ: IMXI) will present at the UBS Global TMT Virtual Conference on December 6, 2021, at 1:00 p.m. Eastern time. The presentation will feature CFO Andras Bende. Interested investors can access the presentation via webcast at this link, with an archived version available shortly after the event.
Intermex specializes in money remittance services, facilitating transactions from the U.S. and Canada to 17 countries in Latin America, eight in Africa, and two in Asia, emphasizing a customer-centered approach since its founding in 1994.
International Money Express, Inc. (NASDAQ: IMXI) announced its participation in the Stephens Annual Investment Conference on December 1, 2021, starting at 3:00 p.m. Eastern time. The presentation will feature comments from CFO Andras Bende and will be available via webcast. Interested investors can access the event online, with an archived version accessible shortly after the live presentation. Intermex is dedicated to providing reliable money remittance services from the U.S. and Canada to various countries across Latin America, Africa, and Asia, leveraging advanced technology.
International Money Express, Inc. (NASDAQ: IMXI) announced its participation in Citi’s 2021 FinTech Conference on November 16, 2021, at 9:45 a.m. ET. The presentation will feature Bob Lisy, the Chairman and CEO, discussing the company’s latest initiatives and growth strategies.
Investors can access a live webcast of this event at intermexonline.com, with an archived version available post-event. Intermex specializes in money remittance, serving customers in North America and around the globe.
International Money Express, Inc. (NASDAQ: IMXI) reported impressive financial results for Q3 2021, with revenues of $120.7 million, marking a 26.3% year-over-year increase. Net income rose 21.2% to $11.5 million and diluted EPS increased 16.0% to $0.29. Adjusted net income grew 28.3% to $15.7 million, while adjusted diluted EPS reached $0.40, up 25.0%. The company has raised its full-year 2021 guidance for revenues to between $450 million - $455 million.
International Money Express, Inc. (NASDAQ: IMXI) is set to release its Third Quarter 2021 earnings on November 3, 2021, before market opening. The management will host a conference call at 9:00 am ET to review financial and operational results. Interested parties can join the call by dialing 1-877-423-9813 or via webcast. An audio replay will be available from November 3 to November 17, 2021. The company, which facilitates money transfers to 17 Latin American countries, is headquartered in Miami, Florida, and was founded in 1994.
International Money Express (NASDAQ: IMXI) announced a stock repurchase program authorized by its Board of Directors, allowing up to $40 million for the buyback of common stock. The decision reflects confidence in the company's omnichannel strategy and strong financial position. This strategic move is aimed at enhancing shareholder value while maintaining liquidity for future growth and acquisitions. The actual amount repurchased will depend on market conditions and various factors, with purchases potentially funded from cash on hand.
International Money Express (NASDAQ: IMXI) reported a record-breaking second quarter of 2021 with revenues of $116.7 million, up 37.2% year-over-year. Net income rose 47.3% to $13.2 million, with basic and diluted EPS at $0.34, an increase of 41.7%. Adjusted net income also grew 41.2% to $15.3 million, while adjusted EBITDA increased 33.4% to $23.2 million. The company has raised its full-year guidance, expecting revenues between $441 million and $450 million.
International Money Express (NASDAQ: IMXI) will announce its Second Quarter 2021 earnings on August 4, 2021, before market opening. A conference call to discuss the results is scheduled for the same day at 9:00 am ET, accessible via phone or webcast. The company facilitates money transfers from the U.S. and Canada to various countries, leveraging proprietary technology and a vast network of agents and locations. An audio replay of the call will be available after the event for a limited time.
International Money Express (IMXI) completed a significant refinancing of its secured debt, establishing a new $87.5 million term loan facility and a $150 million revolving credit facility with additional potential borrowing of $70 million. The new loan terms feature lower interest rates, reducing from LIBOR plus 450 basis points to LIBOR plus 250-300 basis points, maturing in 2026. This refinancing underscores market confidence in Intermex and enhances the company’s financial flexibility and growth potential in the Latin American remittance market.
International Money Express reported first-quarter 2021 revenues of $94.6 million, up 22.4% year-over-year. Net income rose 57.8% to $9.0 million, with basic and diluted EPS at $0.23, a 53.3% increase. Adjusted net income increased 40% to $10.6 million, and adjusted EBITDA grew 27.4% to $16.8 million. The company holds a 19.6% market share in key regions, surpassing overall market growth. For the full year, Intermex anticipates revenue growth of 16%-18%, reaching $414 million - $421 million.
