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 announce its First Quarter 2021 earnings on May 5, 2021, before trading opens. A conference call to discuss the financial results is scheduled for the same day at 8:30 am ET. Investors can access the call by phone or through a webcast. A replay will be available from May 5 until May 19, 2021. Founded in 1994 and headquartered in Miami, the company specializes in digital money transfers to 17 Latin American countries, seven African countries, and two Asian countries, utilizing a network of agent retailers and technology.
International Money Express, Inc. (NASDAQ: IMXI) reported an all-time high in remittances for March 2021 with 3,147,116 transfers, a 23.3% increase from March 2020. Total funds transferred exceeded $1.3B, marking a 30.4% year-over-year growth. Intermex's digital platform also saw impressive growth, up 105.2%. Key markets Mexico and Guatemala experienced a 17.8% increase, capturing a 21.3% market share. Emerging markets, including Dominican Republic and Brazil, grew by 43.9%.
International Money Express (NASDAQ: IMXI) announced the appointment of Christopher Hunt as the new Chief Information Officer. Reporting to CEO Bob Lisy, Hunt is tasked with developing a tech strategy that aligns with the company's financial goals. With over 20 years of experience in IT transformation, he previously served as CTO at Bankers Healthcare Group, where he modernized technology and led acquisition projects. Intermex specializes in money remittance services to 17 countries in Latin America and operates through various channels, focusing on digital solutions to enhance customer service.
International Money Express (NASDAQ: IMXI) reported exceptional financial results for Q4 and full year 2020, highlighting record revenues of $99.3 million in Q4, a 19.3% increase year-over-year, and $357.2 million for the full year, a 11.8% increase. Net Income surged 80.1% in Q4 to $9.6 million, and 72.3% for the year to $33.8 million. Adjusted Net Income rose 54.3% in Q4 and 30.0% for the year. The company anticipates 16%-18% revenue growth for 2021, setting a projected range between $414 million and $421 million.
International Money Express, Inc. (NASDAQ: IMXI) will announce its Fourth Quarter and Full Year 2020 earnings on March 10, 2021, before market opening. A conference call to discuss financial results and strategy will be held the same day at 8:30 am ET. This call can be accessed via phone or webcast. An audio replay will be available until March 24, 2021. IMXI provides money transfer services from the US and Canada to 17 countries in Latin America, as well as locations in Africa and Asia, leveraging proprietary technology.
International Money Express (NASDAQ: IMXI) reported significant triple-digit remittance growth through its co-branded digital service with Amigo Paisano in 2020. This partnership enhances Intermex's reach into the Latin American digital market, allowing remittances to Guatemala and 17 other LATAM countries. Amigo Paisano's targeted marketing strategies and Intermex's robust app infrastructure have proven effective in facilitating secure and efficient transactions. The companies plan to further develop their co-branding initiatives to expand their service offerings in key markets.
International Money Express (NASDAQ: IMXI) reported record remittances in Q4 2020, initiating 9.0 million transfers, an increase of 18.0% compared to Q4 2019. This surpasses the previous record of 8.7 million in Q3 2020. Key markets like Mexico and Guatemala experienced 17.0% growth, with emerging markets up 21.2%, driven by the Dominican Republic, Ecuador, Colombia, Nicaragua, and Brazil. The digital platform grew by 111% over Q4 2019, highlighting a shift towards digital solutions.
International Money Express (NASDAQ: IMXI) has appointed Ernesto Luciano as the new general counsel and chief compliance officer, succeeding Jose Perez-Villarreal who is retiring. Luciano brings 20 years of legal experience, most recently serving at Kaplan Higher Education, and previously held roles at Verizon Media, HBO, and Gilat Satellite Networks. Chairman Bob Lisy highlighted Luciano's expertise in cross-border transactions and business development as key assets for the company's growth. Intermex provides money remittance services to various countries, focusing on customer-centric solutions through technology.
International Money Express (NASDAQ: IMXI) announced the appointment of Andras Bende as its new chief financial officer, effective December 7, 2020. Chairman and CEO Bob Lisy praised Bende's 20-year experience in financial services, particularly in international markets, highlighting his strategic importance to the executive team. Bende previously served as CFO at Computer Services, Inc., where he significantly contributed to the company's growth and valuation. He also held senior finance roles at GE Capital and graduated from GE's Financial Management Program.
International Money Express (NASDAQ: IMXI) announced that CEO Bob Lisy will present at the Credit Suisse 24th Annual Technology Conference on December 1 at 4:10 PM ET. The presentation will be available via a live webcast on the company's Investor Relations website. Intermex specializes in money remittance services, allowing transfers from the US and Canada to 17 Latin American countries, parts of Africa, and Asia. Established in 1994 and headquartered in Miami, Florida, Intermex emphasizes customer-centric digital money movement.
