- Q4 GAAP revenue of $1.05 billion, down 4% on a reported basis, or up 3% on an adjusted basis
- Q4 GAAP EPS of $0.35, down 46%, and Q4 adjusted EPS of $0.37, up 16%
- Consumer Money Transfer transactions grew 5% in Q4 led by 13% growth in Branded Digital transactions
- Generated nearly $800 million in operating cash flow in 2023, with adjusted free cash flow conversion over 100%
- Board of Directors approve dividend of $0.235 per share in the first quarter of 2024
DENVER–(BUSINESS WIRE)–The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported fourth quarter and full year 2023 results.
The Company’s fourth-quarter revenue of $1.05 billion declined 4% on a reported basis or grew 3% on a constant currency basis excluding the contribution from Business Solutions, compared to the prior year period. Argentinian inflation benefited revenue by approximately four percentage points.