RESTON, Va. - (08/11/05) -- InteliData Technologies Corp. saidsecond quarter losses narrowed to $1.4 million, or three cents ashare, from $27.4 million, or 53 cents a share, in last year'ssecond quarter when the company took a $26 million goodwillimpairment charge. In the second quarter, InteliData said revenuesdeclined by 36% to $2.4 million. For the first six months of theyear, revenues declined 27% to $5.3 million, and losses narrowed to$3.3 million, form $28.9 million, for the first half last year.InteliData shareholders are scheduled to vote August 18 on the saleof the company to Corillian Corp. for about $19 million inCorillian shares and cash.
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