ATLANTA, October 27, 2010 — Equifax Inc. (NYSE: EFX) today announced financial results for the quarter ended September 30, 2010. The company reported revenue from continuing operations of $473.8 million in the third quarter of 2010, an 11 percent increase from the third quarter of 2009. Third quarter 2010 net income from continuing operations attributable to Equifax was $61.3 million, a 10 percent increase from the prior year. On a non-GAAP basis, adjusted EPS from continuing operations attributable to Equifax excludes the impact of acquisition-related amortization expense.

“Our successful and broad-based performance in the third quarter continues to reflect the traction we are developing on our key strategic initiatives – Decision 360®, new product innovation, strategic acquisitions and divestitures, LEAN and Workout, investment in emerging market opportunities, and a commitment to meritocracy,” said Richard F. Smith, Equifax’s Chairman and Chief Executive Officer. “The diversity and uniqueness of our data combined with industry leading analytics and decisioning capabilities are helping our customers operate their businesses more efficiently and profitably and to adjust more quickly in a rapidly changing business environment.”

Diversity continues to make its mark on Equifax’s results as newly acquired businesses such as TALX outperform its traditional lines of business with 19% growth.  Consumers appear to have a keen interest in their credit score and how to prevent identity theft as exemplified by 7% growth in revenue for such services.  North American commercial credit solutions grew by 12% raising the question why Equifax is doing better than its peers.

U.S. Consumer Information Solutions (USCIS):  Total revenue was $194.0 million in the third quarter of 2010 compared to $173.8 million in the third quarter of 2009, an increase of 12 percent.  Growth was driven by Mortgage Solutions up 43% and Consumer Financial Marketing up 30%.   Operating margin for USCIS was 37.2 percent in the third quarter of 2010 compared to 36.2 percent in the third quarter of 2009.   

International:   Total revenue was $122.5 million in the third quarter of 2010, a 7 percent increase over the third quarter of 2009. In local currency, revenue was up 5 percent compared to the third quarter of 2009.

Looking ahead, the company expects consolidated revenue for the fourth quarter to be up 8% to 10% from the year-ago quarter, based on the current level of domestic and international business activity and current foreign exchange rates.

BIIA Newsletter November I – 2010 Isssue