Equifax revenue, profit improve

Credit ratings agency Equifax reported revenue growth in each business line as well as a profit in first quarter.

Atlanta-based Equifax said Wednesday its net income was $57.3 million, up 1.1 percent from the same period a year ago. On a continuing operations basis, that profit was 6 percent higher than first quarter 2010.

Earnings per share for continuing operations were 46 cents vs. 44 cents in first quarter last year.

Revenue climbed 7 percent to $472.6 million, in line with earlier company guidance. U.S. Consumer Information Solutions revenue was up 5 percent, with international up 9 percent.

Consolidated revenue from continuing operations is expected to grow 6 percent to 8 percent in second quarter, Equifax said. Earnings per share in that category next quarter is expected to be 58 cents to 61 cents.

About the Author

Southern Co.’s profits dipped in the second quarter. Here’s why.

Southern Co.‘s profits for the months of April through June were down 27% compared with the same time last year because of relatively cool temperatures.

Delta counters AI pricing backlash, insists it hasn’t ever used personal data

Delta exec says AI pricing model is dictated “by market dynamics and vigorous competition” and does not rely on personal data.

Corporation for Public Broadcasting closure will hit Georgia stations

CPB funding supported NPR’s flagship shows “Morning Edition” and “All Things Considered” and PBS television series such as “Frontline and “American Masters.”

The Latest

Credit: Miguel Martinez/AJC

Meet the Georgia manufacturers who stand to benefit from tariffs

OPINION

Self-driving taxis come to Atlanta

Georgia gets in on the drama: Why film crews are riding a vertical soap opera wave

Featured

Credit: TNS

Emory braces for a big tax increase on endowment after Trump bill

The Atlanta university uses its endowment to finance research, fund scholarships for low-income students and provide health care at community hospitals across Georgia.

Georgia Power’s massive data center expansion includes a lot of gas

Georgia Power is planning to build new gas-burning units and add more battery storage as part of a historic expansion of its generation fleet, mostly to serve data centers.

Facing $9M tax bill, Uber turns to Georgia Supreme Court

Still on the hook for $9 million in unpaid sales tax from its first years in Georgia, Uber is asking the state’s highest court for help, supported by economic powerhouses.