Western Union's net income decreased by nearly 20 percent year-on-year in Q2 2024, with the quarter-to-quarter figure also declining. The money transfer company is investing in a new technology and marketing strategy called “Evolve 25” as of 2023. Remittances – cross-border money transfers, typically from migrants to family and friends back home – are forecast to keep growing after 2022 but at a slower pace than before.
Net income of Western Union from 1st quarter 2017 to 2nd quarter 2024
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U.S. Securities and Exchange Commission, & Statista. (July 30, 2024). Net income of Western Union from 1st quarter 2017 to 2nd quarter 2024 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1416397/western-union-quarterly-net-income-loss/
U.S. Securities and Exchange Commission, und Statista. "Net income of Western Union from 1st quarter 2017 to 2nd quarter 2024." Chart. July 30, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1416397/western-union-quarterly-net-income-loss/
U.S. Securities and Exchange Commission, Statista. (2024). Net income of Western Union from 1st quarter 2017 to 2nd quarter 2024. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1416397/western-union-quarterly-net-income-loss/
U.S. Securities and Exchange Commission, and Statista. "Net Income of Western Union from 1st Quarter 2017 to 2nd Quarter 2024." Statista, Statista Inc., 30 Jul 2024, https://www.statista.com/statistics/1416397/western-union-quarterly-net-income-loss/
U.S. Securities and Exchange Commission & Statista, Net income of Western Union from 1st quarter 2017 to 2nd quarter 2024 Statista, https://www.statista.com/statistics/1416397/western-union-quarterly-net-income-loss/ (last visited November 22, 2024)
Net income of Western Union from 1st quarter 2017 to 2nd quarter 2024 [Graph], U.S. Securities and Exchange Commission, & Statista, July 30, 2024. [Online]. Available: https://www.statista.com/statistics/1416397/western-union-quarterly-net-income-loss/