Reuters logo
Western Union profit falls 4 pct as costs rise
May 1, 2014 / 8:10 PM / in 3 years

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

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below