US consumer credit report agency Equifax has reported a 1% increase in net income to $70.8m for the second quarter 2008, on revenue up 10% at $501.9m.During the quarter, US consumer information solutions revenue rose 9% to $228.6m, while international sales grew 19% to $137.5m. TALX revenue increased 18% to $76.7m, North America personal solutions revenue rose 8% to $41.5m, and North America commercial solutions revenue grew 15% to $17.6m.Richard F Smith, chairman and chief executive at Equifax, said: "We continue to invest for the future through new product innovation, international expansion, and enhancing our value-added services, including enabling technologies and predictive sciences. In spite of the fact that the economy has weakened further since we last gave guidance, we are confident our full-year performance will be in the middle to lower half of that range assuming economic conditions remain similar to what we experienced during the quarter."
Authoritative analysis and perspective for every segment of the payments industry
Authoritative analysis and perspective for every segment of the industry
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