Equifax reports Q3 earnings

Share this content:

Equifax came out with its third quarter earnings this week. The data company reported revenue of $492.5 million for the period - an increase of 25% over last year.

Earnings per share for this quarter were $0.48, showing a drop from last year's $0.61, but core businesses continued to grow by 7%. Equifax North America Commercial Solutions, North America Personal Solutions and International arms all reported double-digit growth.

The company attributes 18% of its revenue growth to its acquisition of TALX in May of this year. Total revenue for TALX was $70.4 million.

Net income for the company was down 14%, to $67.9 million, from third quarter last year. Excluding the impact of a lawsuit and tax benefit, however, net income actually increased by 2%.

Equifax repurchased 11.1 million of its common shares, at a total price of $441.6 million, this quarter. It plans to repurchase $700 million of its shares by the end of the year and is already at the $620.9 million mark.

Based in Atlanta, GA, Equifax Inc. specializes in information services, employment and income verification and the outsourcing of human resources work. The company also provides advanced analytics.

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here