India, Feb. 26 -- International Money Express, Inc. (IMXI) Wednesday announced a decline in fourth quarter earnings, on reduced revenues, compared to the prior year. On an adjusted basis, earnings missed estimates, while fourth quarter revenues came in below estimates.
Currently, shares are at $15.53, down 15.20 percent from its previous close of $18.32.
The company said it has unanimously determined to suspend its previously announced assessment of strategic alternatives.
Quarterly earnings were $15.39 million, compared to $17.49 million a year ago. On a per share basis, earnings were $0.49, in line with the prior year. On an adjusted basis, earnings were $17.81 million or $0.57 per share, while it was at $19.93 million or $0.56 per sha...