Equifax Reports Income Rises 8 Percent

Consumer credit information bureau Equifax (NYSE: EFX) late Monday reported first quarter operating income of $126.2 million, up 8 percent, on revenues of $503.1 million, a rise of 24 percent from the first quarter of 2007.

Total revenue for the U.S. Consumer Information Solutions, or USCIS, was $233.2 million in the first quarter, a decline of 6 percent from the same period a year ago. The USCIS unit reported operating margin of 38.6 percent in the quarter, down from 41.2 percent a year ago.

The Online Consumer Information group saw revenues of nearly $157 million, down from $162 million a year ago, while revenues at the Mortgage Reporting Solutions group were flat at $17.5 million. Revenues at Credit Marketing Services declined 7 percent to $35.4 while the Direct Marketing Services unit saw revenues declined 5 percent to $23.4 million.

About Equifax
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, employment and income verification and human resources business process outsourcing services, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.