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Xoom Reports First Quarter 2015 Results

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SAN FRANCISCO--(BUSINESS WIRE)--Xoom Corporation (NASDAQ:XOOM), a leading digital money transfer provider, today announced financial results for the first quarter of 2015. Revenue for the first quarter was $44.4 million, an increase of 24% from the first quarter of 2014. Gross profit for the first quarter was $32.4 million, an increase of 23% from the first quarter of 2014. GAAP net loss for the first quarter was $1.3 million, or a loss of $0.03 per diluted share, compared to net income of $0.4

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