The total revenue for the fourth quarter of 2011 rose 6% to $321.84m, compared to $303.36m for the same period a year ago.
Operating income was $36.23m, compared to $48.08m for the same period in the previous year.
The company reported a 13% increase in its money transfer transaction volume for the fourth quarter of 2011.
MoneyGram chairman and CEO Pamela Patsley said that for the year the company achieved double-digit growth in money transfer transaction volume, constant currency revenue, and agent locations.
"Our impressive performance was achieved while we recapitalized our preferred shares, nearly doubled our public float, and reduced our second lien debt by $175 million," added Patsley.
