Adjusted EBITDA for the second quarter was $70.3m, with an increase of 3% on a reported and constant currency basis compared to $68.4m during the year ago quarter.
MoneyGram online money transfer and bill payment transaction volume was up 51% and revenue increased 15% over the prior year.
For the quarter period concluded on 30 June 2013, its total revenue for the global funds transfer segment stood at $344.5m, up by 12% from $308.3m during the second quarter of 2012.
The segment reported operating income of $40.5m and operating margin of 11.8%, compared to operating income of $38m and operating margin of 12.5% during the year ago quarter.
Total revenue in the financial paper products segment declined by 6% to $20.3m, from $21.5m, while operating income stood at $7.6m, down from $8.1m during the corresponding period earlier year.
MoneyGram provides bill payment services in the US and Canada and money transfer services across the world leveraging a global network of 327,000 agent locations, including retailers, international post offices and financial institutions in 198 countries and territories.
