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Operating income during the quarter declined 1% to $106.3m, while diluted EPS declined 16% to $0.47. Cash and cash equivalents at the end of the quarter was $78m.
It said US consumer information solutions revenue fell 20% to $201m, while TALX revenue increased 10% to $83m. International sales decreased 18% to $115m, with Europe revenue down 8.4% at $37m, Latin America revenue down 7% at $52.3m, and Canada revenue down 2.2% at $26m. North America personal solutions revenue was down 4% at $37m, and North America commercial solutions revenue fell 1% to $16m.
During the quarter, the company and decision management technology provider FICO developed the Credit Capacity Index tool to enable lenders to strengthen their account acquisition and management strategies while minimizing exposure to potential losses.
Richard Smith, chairman and chief executive at Equifax, said: "Strong operating margins and the strength of our balance sheet enable us to pursue strategic acquisitions that will further enhance our competitive position while providing incremental revenue and EPS growth. Earlier today we announced an agreement to acquire IXI Corporation and its wealth and asset data. This unique consumer data substantially enhances our strategy of providing differentiated data, best-in-class analytics, and technology for our customers' decision making needs."
The company said it expects fourth quarter 2009 adjusted EPS in the range of $0.53 to $0.58.
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