• Revenue was $38.4 million, compared to $36.8 million in the third quarter of 2010.
• Net loss available to common stockholders was $1.7 million, or $0.05 per share, compared to a loss of $0.7 million, or $0.02 per share, in the third quarter of 2010.
• Ebitda, a non-GAAP measure, was a $5.7 million, compared to $7.4 million in the same quarter of 2010.
• Adjusted Ebitda, a non-GAAP measure that adjusts Ebitda for equity compensation expense and other expenses, was $7.1 million, compared to $8.0 million in the prior year period.
• Core net income, a non-GAAP measure, was $0.7 million, or $0.02 per diluted share, compared to $1.2 million, or $0.04 per diluted share, in the same quarter of 2010.

"We again exceeded our revenue and earnings expectations in the third quarter, primarily due to higher than anticipated same-store payment transaction growth in our eCommerce business," said Joseph L. Cowan, president and chief executive officer of Online Resources. "eCommerce revenue growth of over 20 percent year-over-year continues to outpace the run-off in our Banking bill payment only business."

"Looking ahead, our fourth quarter guidance reflects a benefit from the October 1st implementation of the Durbin Amendment reducing debit interchange rates. While we expect that this benefit will continue at declining rates into 2012, we cannot predict the amount or duration of any ongoing benefit until the impact of the legislation on the card acceptance market plays out further. In 2012, we intend to use some of this benefit to invest in technology and the ramp-up of our India operation as we continue to transform our Technology organization," said Cowan. 

Read the full statement here: