Western Union Company Results Highlights
Key Statistics and Reconciliation of Non-GAAP Measures
Western Union WU
Western Union presents a number of non-GAAP financial measures because
management believes that these metrics provide meaningful supplemental
information in addition to the GAAP metrics and provide comparability and
consistency to prior periods. Constant currency results assume foreign revenues
are translated from foreign currencies to the U.S. dollar, net of the effect of foreign
currency hedges, at rates consistent with those in the prior year. We have also
included non-GAAP revenues below that remove the impacts of Speedpay and
Paymap, in order to provide a more meaningful comparison of results from
continuing operations.
A non-GAAP financial measure should not be considered in isolation or as a
substitute for the most comparable GAAP financial measure. A non-GAAP
financial measure reflects an additional way of viewing aspects of our
operations that, when viewed with our GAAP results and the reconciliation to
the corresponding GAAP financial measure, provide a more complete
understanding of our business. Users of the financial statements are
encouraged to review our financial statements and publicly-filed reports in
their entirety and not to rely on any single financial measure. A reconciliation
of non-GAAP financial measures to the most directly comparable GAAP
financial measures is included below.
Amounts included below are in millions, unless indicated otherwise.
17
17View entire presentation