Earnings Rise At OnlineResources

July 21, 2005, 1:00 a.m. EDT 1 Min Read

CHANTILLY, Va. - (07/21/05) -- Internet services provider OnlineResources Corp. Said net income for its second quarter rose to $1.8million, or seven cents a share, up from $1.2 million, or six centsa share, for the period last year. The company reported a 42%increase in revenues to $14.3 million for the quarter, and a 48%rise in revenues for the first six months of the year to $29.4million. As a result, the company said net income for the firsthalf of the year more than doubled to $4.2 million, or 19 cents ashare.

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