CALABASAS, Calif. - (10/22/04) -- Internet banking provider DigitalInsight Corp. reported third quarter net income of $4.8 million, or13 cents a share, virtually the same as last year's third quarter,despite a 20% increase in revenues to $47.5 million. Third quarternet was hampered by a $2 million charge for amortization ifintangible assets from acquisitions. For the first three quartersDI reported a 24% rise in revenues to $140 million, and a 22%increase in net income to $13.4 million, or 37 cents a share.Separately, the company announced a $25 million stock buybackprogram Thursday.
Earnings Flat At DigitalInsight
October 22, 2004, 1:00 a.m. EDT 1 Min Read
