Western Union Reports Third Quarter EPS of $.38

The Western Union Company WU today reported financial results for the 2010 third quarter.

Financial highlights for the quarter included:

• Revenue of $1.3 billion, an increase of 1% compared to last year's third quarter
• Constant currency adjusted revenue increase of 3%
• Restructuring expenses of $14 million, or $10 million after-tax, related to organizational changes and other actions described in the Company's May 27, 2010 press release
• Operating income margin of 26%, or 27% excluding restructuring expenses
• EPS of $0.36, or $0.37 excluding restructuring expenses
• EPS of $0.38 on a constant currency basis, excluding restructuring expenses
• Year-to-date cash provided by operating activities of $710 million, including a $250 million reduction due to a first quarter refundable tax deposit