Equifax Earnings up 10%, Surpass Expectations

Equifax Inc. reported first quarter of 2007 earnings. Revenue increased to $405.1 million, up 8 percent compared to the first quarter of 2006. Net income rose to $69.0 million, a 10 percent increase from the first quarter of 2006. Diluted earnings per share ("EPS") grew to 54 cents, a 13 percent increase from the first quarter of 2006.

"Equifax achieved outstanding financial performance across all business units this quarter. Our broad-based growth exemplifies our commitment to deliver shareholder value even in a changing economic landscape," said Richard F. Smith, Equifax Chairman and Chief Executive Officer. "Our solid first quarter results lay the foundation for a strong performance in 2007. We also fulfilled an important strategic initiative with our agreement to acquire TALX Corporation, positioning Equifax for long-term sustainable growth in revenue and cash flow."

Total revenue was $247.1 million in the first quarter of 2007, a 3 percent increase from the first quarter of 2006. Operating margin for U.S. Consumer Information Solutions was 41.2 percent in the first quarter of 2007 versus 41.5 percent in the first quarter of 2006.

Total revenue was $105.6 million in the first quarter of 2007, a 14 percent increase from the first quarter of 2006. In local currency, revenue was up 9 percent when compared to the same period in the prior year. Operating margin for International was 30.7 percent in the first quarter of 2007, up from 28.9 percent in the first quarter of 2006.

Total revenue rose to $38.0 million, a 24 percent increase from the first quarter of 2006. Operating margin was 16.5 percent, up from 2.9 percent in the first quarter of 2006.

North America Commercial Solutions

Total revenue rose to $14.4 million, a 41 percent increase from the first quarter of 2006. Operating margin was 9.4 percent, down from 12.2 percent in the first quarter of 2006.