PORTLAND, Ore. – Corillian Corp., which is in the process of being acquired by CheckFree Corp., reported yesterday that first quarter losses rose to $1.1 million, or three cents a share. Losses for the same quarter last year were $970,000, or two cents a share. Revenues for the quarter rose a strong 15% to $16.2 million, as the company integrated last year’s acquisition of InteliData Technologies Corp. CheckFree has agreed to acquire Corillian for $5 a share, or $280 million and the marriage of the Internet banking services providers is just waiting for clearance from federal anti-trust regulators.
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