S1 Moves Out of the Red and into the Black

ATLANTA – S1 Corp. said yesterday it earned a profit of $5 million, or eight cents a share, for the second quarter, up from a loss of $1.9 million, or three cents a share, for the same period last year, as sales were strong in both its Postilion and Enterprise operations. Revenues rose a strong 13% for the quarter, to $52.6 million. For the first two quarters, S1 reported an 11% rise in revenues, to $100.2 million, and a profit of $7.9 million, or 13 cents a share, compared to a loss of $2.6 million, or four cents a share, for the first half last year.

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