ABC Money
Home

CheckFree 2nd-quarter net income rises


Published : Tue, 30 Jan 2007 22:32
By : Agencies
Print this Story

AddThis Social Bookmark Button

ATLANTA (AFX) - CheckFree Corp., a provider of electronic bill payment services, said Tuesday fiscal second-quarter profit rose nearly 5 percent, helped by bank-based transactions.

Quarterly earnings totaled $35.3 million, or 39 cents per share, up from $33.7 million, or 36 cents per share, during the year-ago period. Excluding the amortization of acquisition-related intangible assets and a stock-option expense, earnings were 44 cents per share.

Analysts polled by Thomson Financial predicted profit of 42 cents per share.

Revenue grew 11 percent to $237.2 million, from $213.8 million last year.

Analysts were looking for revenue of $232.9 million.

The company said bank-based transactions during the quarter were 'solid,' but non-bank transactions fell bellow company expectations.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share on


 You Might Like
Consumer and retailing highlights to 15:45 GMT
EDF Energy hikes gas bills by 19 percent
+
TCF Financial 4Q profit down
SVB Financial 4Q profit rises 11 percent

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
8761.90
-253.20 ( -2.81 %)
NASDAQ
1594.98
-57.40 ( -3.54 %)
FTSE 100
4507.51
-131.41 ( -2.83 %)

SYMBOL ( 2009-01-07 )
LAST
CHANGE
3I GROUP ( 11:35am )
362.50
+20.25 ( 5.97 %)
NORTHERN ROCK ( 11:35am )
182.00
+19.04 ( 11.20 %)
HAMMERSON ( 11:35am )
613.00
+16.50 ( 2.75 %)
PERSIMMON PLC ( 11:35am )
279.75
+15.50 ( 5.92 %)
GLAXOSMITHKLINE ( 11:35am )
1282.00
+12.00 ( 0.94 %)

SYMBOL ( 2009-01-06 )
LAST
CHANGE
HEWLETT PACKARD CO ( 4:02pm )
39.31
+2.98 ( 8.04 %)
IBM ( 4:00pm )
89.23
+2.41 ( 2.77 %)
HONEYWELL INTL INC ( 4:00pm )
36.04
+1.56 ( 4.48 %)
DUPONT ( 4:01pm )
27.65
+1.32 ( 4.95 %)
AMERICAN EXPRESS ( 4:01pm )
21.07
+1.12 ( 5.52 %)

SYMBOL ( 2009-01-06 )
LAST
CHANGE
ENSTAR GROUP LIMITED ( 4:00pm )
73.59
+6.08 ( 8.89 %)
COMM BANCORP INC ( 9:30am )
39.48
+4.47 ( 11.32 %)
ISRAMCO INC ( 1:42pm )
31.25
+4.39 ( 14.49 %)
K-TRON INTERNATIONAL INC ( 4:00pm )
83.46
+4.04 ( 4.98 %)
EQUINIX INC ( 4:00pm )
62.89
+3.62 ( 5.97 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!

 Finance Explained

Money making ideas

Save money
Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.