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EQUIFAX INC. (EFX)

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Equifax : Reports Third Quarter 2014 Results

10/29/2014 | 06:37pm US/Eastern

By a News Reporter-Staff News Editor at Investment Weekly News -- Operating margin was 25.1 percent for the third quarter of 2014,

compared to 26.2 percent in the third quarter of 2013. Adjusted

operating margin, which excludes the third quarter 2014 settlement of a

legal dispute over certain software license agreements, was 26.4 percent

for the third quarter of 2014, up 15 basis points from 2013.

-- We repurchased 1.5 million of our common shares on the open market for

$113.1 million during the third quarter of 2014. In September 2014,

the Board of Directors authorized the repurchase of up to an additional

$400 million of the Company's outstanding shares of common stock. At

September 30, 2014, our remaining authorization for future share

repurchases was $428.5 million.

U.S. Information Solutions (USIS)

Total revenue was $278.6 million in the third quarter of 2014, a 3 percent increase when compared to the third quarter of 2013.

-- Online Information Solutions revenue was $205.5 million, up 4 percent

Keywords for this news article include: Equifax Inc., Financial Companies, Credit Service Companies.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC

(c) 2014 NewsRx LLC

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