CheckFree Posts Strong Gains

April 01, 2006, 1:00 a.m. EST 1 Min Read

ATLANTA - (05/01/06) Electronic biller CheckFreeCorp. said earnings for its fiscal third quarter more than doubledto $37.7 million, or 40 cents a share on strong revenue growth of20%, compared to the year earlier period. First quarter revenueswere $226.9 million, compared to $189.2 million for the thirdquarter last year. For the first three quarters of its fiscal yearCheckFree reported an almost tripling of net income to $97.8million, or $1.05 a share, and a 19% rise in revenues to $548.8million.

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