McLEAN, Va. - (07/22/04) -- Online Resources Corp. saidWednesday that net earnings rose to $1.2 million, or six cents ashare, for its second quarter, compared to a loss of $148,000, orone cent a share, for the same quarter last year. The bottom linewas boosted by a 20% rise in revenues, to $10.1 million for thequarter. Revenues grew 2% for the first six months, to $19.8million, compared to $19.4 million for the first half last year,but earnings declined for the first half to $1.6 million, or eightcents a share, from $2 million, or 13 cents a share.
Online Resources Shifts To TheBlack
July 22, 2004, 1:00 a.m. EDT 1 Min Read
