DALLAS (AP) — DALLAS (AP) — MoneyGram International Inc. (MGI) on Friday reported fourth-quarter profit of $21.8 million.
The Dallas-based company said it had profit of 22 cents per share. Earnings, adjusted for one-time gains and costs, were 23 cents per share.
The money transfer company posted revenue of $342.1 million in the period.
For the year, the company reported net income of $34.2 million, or 34 cents per share, swinging to a profit in the period. Revenue was reported as $1.31 billion.
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