MoneyGram International's CEO Discusses Q2 2012 Results - Earnings Call Transcript

MoneyGram International, Inc. (MGI)

Q2 2012 Earnings Call

July 26, 2012 9:00 am ET

Executives

Eric Dutcher – Vice President, Investor Relations

Pamela Patsley – Chairman and Chief Executive Officer

Alexander Holmes – Executive Vice President and Chief Financial Officer

Analysts

Glenn Fodor – Morgan Stanley

Jim Kissane – Credit Suisse

Tien-Tsin Huang – J.P. Morgan

Robert Napoli – William Blair

Sara Gubins – Bank of America/Merrill Lynch

Kartik Mehta – Northcoast Research

Mike Grondahl – Piper Jaffray

Presentation

Operator

Good morning and welcome to the MoneyGram International Second Quarter 2012 Earnings Conference Call. Today's conference is being recorded. At this time, all participants have been placed in a listen-only-mode and the floor will be open for your questions following the presentation.

It is now my pleasure to turn the floor over to your host, Eric Dutcher, Vice President, Investor Relations. Please go ahead, sir.

Eric Dutcher

Thank you Jennifer. Good morning, everyone and welcome to our second quarter 2012 earnings call. With me today are Pam Patsley, Chairman and Chief Executive Officer; and Alex Holmes, Executive Vice President and Chief Financial Officer.

Our earnings release and accompanying slides are on our website at moneygram.com. I must remind you that today’s call is being recorded and that the various remarks we make about future expectations, plans, and prospects constitute forward-looking statements for the purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995.

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