Western Union profit falls 4 pct as costs rise
May 1 (Reuters) - Western Union Co, the world's largest money-transfer company, reported a 4 percent fall in first-quarter profit, hurt by a rise in costs.
Net income fell to $203 million, or 37 cents per share, in the quarter ended March 31, from $212 million, or 37 cents per share, a year earlier.
Total expenses rose 5 percent to $1.08 billion.
Revenue rose 2 percent to $1.35 billion.
(Reporting By Neha Dimri in Bangalore; Editing by Savio D'Souza)
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