Equifax Revenue, Income Rise for Q1Equifax Inc., Atlanta, reported an 11 percent increase in first-quarter 2005 operating revenue yesterday, totaling $343.4 million for the period through March 31 compared with $309.9 million in first-quarter 2004.
Net income for the quarter was $58.6 million, up 13 percent from $51.8 million a year ago.
Revenue for North America grew 10 percent to $281.1 million versus $255.1 million in 2004. The figures include the firm's North America Information Services division and Marketing Services division.
Also, revenue for consumer and commercial information services grew 6 percent while revenue in Canada increased 14 percent.
A revenue gain of 24 percent occurred in Latin America, rising to $25.6 million from $20.7 million in 2004. European revenue was up 8 percent to $36.7 million from $34.1 million.
Kristen Bremner covers list news, insert media, privacy and fundraising for DM News and DMNews.com. To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting www.dmnews.com/newsletters