S1 Reports Higher Earnings

Register now

ATLANTA - (11/01/04) -- S1 Corp., a provider of electroniccommerce services for financial institutions, announced thirdquarter net income of $3.2 million, or four cents a share, up from$600,000, or a penny a share, for the same period last year. Thirdquarter revenues rose 2% to $62.3 million, compared to the thirdquarter last year. Still, S1 reported a 5% decline in revenues forits first three quarters to $181 million, but a $4 million, or sixcents a share, net, compared to a $41 million, or 58 cents a share,loss for the first nine months last year.

For reprint and licensing requests for this article, click here.