CHANTILLY, Va. - (10/20/05) -- Internet services provider OnlineResources Corp. reported Wednesday that earnings for its thirdquarter increased to $2.4 million, or nine cents a share, up from$1.8 million in the same period last year. Online Resources saidthird quarter revenues surged by 38% to $15.3 million, fueled bythe company's acquisition of Integrated Data Systems. For the firstthree quarters of the year the company reported net income of $6.1million, double the net income for the first nine months of lastyear. Revenues for the first nine months was $44.7 million, whichincludes revenues from IDS, compared to $30.9 million, for the sameperiod last year.
Online Resources Posts HealthyFinancials
October 20, 2005, 1:00 a.m. EDT 1 Min Read
