» Results update
Equifax earns $63 million

Equifax Equifax Inc increased its profit by 7.3 percent in the first quarter, with revenue growth in three operating segments. The Atlanta-based company reported net income of $62.9 million on $374 million in revenue, compared with net income of $58.6 million on $343.4 million in revenue in the first quarter of 2005. North America Information Services revenue rose 8 percent to $208 million, while marketing services revenue jumped 12 percent to $ 66 million and personal solutions revenue grew 3 percent to $ 31 million. Equifax collects and manages credit, financial and demographic information for individuals and businesses.

Synovus earns $134 million

Synovus Synovus Financial Corp.'s net income jumped 15 percent in the first quarter on high credit quality and solid deposit and loan growth. The Columbus-based financial services holding company reported net income of $134.5 million and earnings of 43 cents a share in the first quarter, compared with net income of $116.7 million and earnings of 37 cents a share in the first quarter of 2005. Total assets hit $29.2 billion at the end of the first quarter, compared with $25.9 billion at the end of the first quarter of 2005.

CheckFree Announces Fiscal 2006 Third Quarter Results and Raises Full-Year Expectations

Checkfree CheckFree Corporation today announced third quarter GAAP (Generally Accepted Accounting Principles) revenue of $226.9 million, and underlying revenue of $227.7 million. The Company's GAAP net income for the quarter was $37.7 million, or $0.40 per share, and underlying net income was $40.1 million, or $0.43 per share. Free cash flow was $62.3 million for the quarter. For the third quarter, the Company reported that its Software division delivered strong performance. It also reported that its Electronic Commerce division processed 293.3 million transactions, an 8 percent sequential increase over the second quarter of fiscal 2006, and delivered 46.7 million e-Bills, a sequential increase of 3 percent over the second quarter of fiscal 2006.

CompuCredit Reports First Quarter Earnings

CompuCredit CompuCredit reported first quarter 2006 managed earnings of $54.8 million, or $1.09 of managed earnings per common share on a fully diluted basis, as compared with $38.5 million of managed earnings, or $0.73 of managed earnings per common share on a fully diluted basis, for the first quarter of 2005. Under GAAP, first quarter 2006 net income was $30.7 million, or $0.61 net income per common share on a fully diluted basis, as compared to first quarter 2005 net income of $49.2 million, or $0.94 net income per common share on a fully diluted basis.

"CompuCredit delivered excellent results in the first quarter with high return on assets, historically low losses, and strong new customer account growth," said David G. Hanna, CompuCredit's Chairman and Chief Executive Officer. He added, "We are very pleased with this start to the year, and we will continue to focus on the needs of our customers and expanding our product and service offerings throughout 2006."

ADP Reports Third Quarter Fiscal 2006 Results; Revenues Grow 10%

ADP Automatic Data Processing, Inc reported 10% revenue growth, to $2.4 billion, and $0.61 earnings per share from continuing operations for the third fiscal quarter ended March 31, 2006, Arthur F. Weinbach, chairman and chief executive officer, announced today. On an as reported basis, including stock compensation expense in the current period, pretax and net earnings from continuing operations grew 12% and 11%, respectively, and diluted earnings per share from continuing operations increased 13% from $0.54 per share a year ago. Fiscal 2006 earnings comparisons are affected by the inclusion of stock compensation expense as of July 1, 2005. On a comparable basis, including stock compensation expense in the third quarter of fiscal 2005, pretax and net earnings from continuing operations each grew 22%, and diluted earnings per share from continuing operations increased 24% from $0.49 per share a year ago.

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