Equifax continues to enjoy double digit growth rates and continues to outperform the market. Equifax’s first quarter revenues grew by 12% and its stock has reached a new high of 61.63.
Equifax Inc. (EFX) reported revenue from continuing operations of $566.5 million in the first quarter of 2013, a 12 percent increase from the first quarter of 2012.
First quarter diluted EPS from continuing operations attributable to Equifax was $0.67, an increase of 15 percent from the first quarter of 2012. On a non-GAAP basis, adjusted EPS attributable to Equifax, excluding the impact of acquisition-related amortization expense, net of associated tax impacts, was $0.87, up 26 percent from the first quarter of 2012.
“Double digit revenue growth in four of our five operating segments, along with solid execution on our most important strategic initiatives, resulted in strong first quarter performance,” said Richard F. Smith, Equifax’s Chairman and Chief Executive Officer. “Each of our operating segments continues to make very good progress and with this strong performance we remain confident with the full year guidance we outlined at the beginning of the year.”
Source: Yahoo Finance
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