Western Union Reports Decline in First Quarter 2026 Net Income
Western Union reported a decline in first quarter 2026 net income to $64.7 million, down from $123.5 million in the same period last year, due to higher operational expenses, foreign exchange losses, and an increased tax rate. Revenue remained flat at $983 million, while adjusted revenue fell by 1%. The Consumer Services segment saw growth, but the CMT segment experienced a revenue decline.
Tickers: $WU
Topics: earnings foreign exchange operational expenses profit decline revenue growth segment performance