Profits Up As Certegy FadesOut

Register now

ST. PETERSBURG, Fla. - (01/31/06) -- Cards processor Certegy Inc. saidlast week net income inched up 2% for its fiscal fourth quarter to$36.3 million, or 57 cents a share, as company shareholdersapproved Certegy's merger into Fidelity National InformationServices. Fourth quarter earnings include a $1.6 million chargerelated to the pending Fidelity National combination. Revenue forthe fourth quarter rose 5% to $295.5 million. For the full year,Certegy reported a 25% rise in earnings to $130.3 million, or $2.06a share, on an 8% rise in revenue to $1.1 billion.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER