Equifax Posts HigherEarnings

February 03, 2006, 1:00 a.m. EST 1 Min Read

ATLANTA - (02/03/06) Credit bureau Equifax Inc.Reported Thursday net income for its fourth quarter rose 9% to$62.8 million, or 48 cents a share, as the company continued toexpand its business providing credit reports directly toindividuals. Fourth quarter revenues rose 10% to $361.3 million.For the year, Equifax reported a 5% rise in net income to $246.5million, or $186 a share, on a 13% rise in revenues to $1.4billion. Revenues from the companys personal servicesoperations, which provides credit reports directly to consumers,rose 15% for the fourth quarter and by 20% for the year to $114.1million.

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