ATLANTA Credit bureau Equifax reported a 41% increase in first quarter net income to $101.1 million, as sales rose strongly in most of its segments.
“Double digit revenue growth in four of our five operating segments, along with solid execution on our most important strategic initiatives, resulted in strong first quarter performance,” said Richard Smith, Equifax’s CEO. “Each of our operating segments continue to make very good progress and with this strong performance we remain confident with the full year guidance we outlined at the beginning of the year.”
In the company’s U.S. Consumer Information Solutions total revenue was $245.1 million in the first quarter of 2013, up 17% from $210.3 million in the first quarter of 2012. In International revenue was up 2% to $123.7 million; for the company’s Workforce Solutions unit revenue was up 14% to $123.7 million; for North America Personal Solutions revenue was up 14% to $51.1 million; and for North America Commercial Solutions revenue was up 10% to $22.9 million.
