Western Union Reports Estimated Third Quarter Business Trends; Revenue up 1%

The Western Union Company WU today reports preliminary revenue and transaction estimates for the 2010 third quarter. The Company will be hosting an Investor Day in New York on September 30. The Company's revenue increased 1%. Constant currency revenue increased 3%, or 1% excluding Custom House. The constant currency growth rate was consistent with the second quarter. The Company's consumer-to-consumer revenue increased 1%, while constant currency revenue increased 3%. Transactions increased 10%. Constant currency revenue and transaction growth rates each improved approximately one percentage point compared to the second quarter. The Company's international transactions increased 7%, domestic money transfer transactions increased 35% and Mexico transactions increased 2%.