CheckFree Breaks Free

Register now

ATLANTA - (10/25/04) -- CheckFree Corp., the leadingprovider of electronic bill payment services, said it broke intothe black in its fiscal first quarter ended Sept. 30 to the tune of$6.2 million, or seven cents a share. That compares to a loss of$6.7 million, or seven cents a share for the same period last year.First quarter earnings were fueled by a 26% rise in revenues to$177.8 million. First quarter highlights included a 25% increase intotal transactions processed over the pervious quarter to 205.8million; and a 14% increase in electronic bills delivered to 29.6million, over the last quarter.

For reprint and licensing requests for this article, click here.