ATLANTA – Credit bureau Equifax reported a 122% surge in second quarter earnings, to $76.4 million, based on the sell-off of its Brazil operations.
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Second quarter revenues were up 10% to $535.8 million, based on a 50% rise in mortgage solutions revenue and a 20% increase in online consumer information solutions. Revenue for the company’s workforce solutions unit also was up 20% for the second quarter.
For the first six months of its fiscal year Equifax reported a 10% rise in revenues to $1.1 billion, and a 61% increase in net income to $147.9 million.
