Equifax Posts HigherEarnings

Register now

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 company’s personal servicesoperations, which provides credit reports directly to consumers,rose 15% for the fourth quarter and by 20% for the year to $114.1million.

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