Xoom -11.7% AH due to soft Q3 EPS guidance

|By:, SA News Editor

Though XOOM beat Q2 estimates, it's guiding for Q3 EPS of -$0.01 to $0.02, below a $0.04 consensus. Q3 revenue guidance - $39M-$41M vs. a $40.2M consensus - is healthier.

Full-year guidance is for revenue of $158M-$162M and EPS of $0.16-$0.24 vs. a consensus of $159.7M and $0.22.

Gross sending volume +12% Y/Y in Q2 to $1.8B. Transactions +24% to 3.19M, active customers +30% to 1.2M, new customers -1% to 133.5K.

Q2 results, PR