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MoneyGram to Reschedule Fourth Quarter 2020 Results

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MoneyGram International (Nasdaq: MGI) announced the postponement of its fourth quarter and year-end financial results conference call, originally scheduled for February 22, 2021. The call will now take place at 9 a.m. ET on that date due to severe winter storms affecting Texas and other regions, which have caused power and internet outages. The company assures that its global service operations remain unaffected. Key executives will present the financial results, and additional information will be accessible on their investor relations website.

Positive
  • Global service operations remain unaffected by severe weather conditions.
  • Scheduled conference call will provide insights into financial results.
Negative
  • Postponement of the financial call may lead to uncertainty for investors.
  • Severe weather disruptions could impact operational capabilities indirectly.

DALLAS, Feb. 18, 2021 /PRNewswire/ -- MoneyGram International, Inc. (Nasdaq: MGI), a global leader in cross-border P2P payments and money transfers, today announced that it will postpone the conference call scheduled to discuss its fourth quarter and year-end financial results. The Company will now hold the conference call on Monday, February 22 at 9 a.m. ET.

This decision is in light of the unprecedented winter storm currently impacting Texas and other regions of the United States causing ongoing power outages, internet service interruptions and water supply issues which continue to significantly disrupt the lives of our employees, customers and other stakeholders. MoneyGram's global service operations are unaffected by the current severe weather conditions impacting Texas and other regions of the United States.

All other information will remain the same. Alex Holmes, Chairman and Chief Executive Officer, Larry Angelilli, Chief Financial Officer, and Kamila Chytil, Chief Operating Officer, will discuss the financial results. The news release and the webcast will be available at ir.moneygram.com. Participants may join the call and view the presentation at the numbers and link below:

Toll Free: 1-800-263-0877
Toll/International: 1-646-828-8143
http://public.viavid.com/index.php?id=143363

Replay Toll Free: 1-844-512-2921
Replay Toll/International: 1-412-317-6671
Replay ID: 3866751
Replay is available through Monday, March 1, 2021, 11:59 PM ET

About MoneyGram International, Inc.
MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with 90 now digitally enabled.

MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world's leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business. 

With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world's best customer experience, MoneyGram is leading the evolution of digital P2P payments.

For more information, please visit moneygram.com and follow @MoneyGram.

Media Contact
Stephen Reiff
Media@MoneyGram.com  

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/moneygram-to-reschedule-fourth-quarter-2020-results-301230990.html

SOURCE MoneyGram

FAQ

Why did MoneyGram postpone its conference call on February 22, 2021?

MoneyGram postponed the conference call due to severe winter storms affecting Texas and other regions, causing significant disruptions.

When will MoneyGram's conference call discussing fourth quarter results take place?

The conference call will be held on Monday, February 22, 2021, at 9 a.m. ET.

Are MoneyGram's global service operations affected by the winter storm?

No, MoneyGram's global service operations remain unaffected despite the severe weather conditions.

Who will discuss MoneyGram's financial results during the conference call?

The financial results will be discussed by Alex Holmes, Larry Angelilli, and Kamila Chytil during the conference call.

Where can I find more information about MoneyGram's financial results?

Additional information and the webcast for the financial results will be available at ir.moneygram.com.

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