Equifax reported revenue of US$ 501.9 million up 10% over same period 2007.  Operating income increased 7% over the same period of 2007.  CEO Richard F Smith stated: “Equifax’s increasingly diversified business model positioned us well for the current environment as we delivered solid, broad-based performance.”  It is correct to say that the TALX acquisition has saved the day for Equifax.  International operations and foreign exchange effect added nicely to the growth picture masking a 9% decline in consumer information solutions which account for 46% of its business.  During the second quarter Equifax repurchased 1.1 million of common stock on the open market for US$ 44.1 million to prop up its share price. 

Source: Equifax

BIIA Newsletter July / August 2008 Issue