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.
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