TITLE

Earnings Up 212% At Online Resources

PUB. DATE
February 2006
SOURCE
American Banker;2/17/2006, Vol. 171 Issue 33, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents information about the fourth-quarter report of Online Resources Corp. Online said strong demand for its banking and bill payment software helped its quarterly profits to more than triple. Earnings rose 212%, to $2.9 million and revenue for the year rose 43%, to $60.5 million, and net income rose 131%, to $9 million. However, Online said its net income numbers were preliminary and may change after a tax analysis of operating losses the company has carried forward.
ACCESSION #
19850231

 

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