Carreker Corporation reports third quarter fiscal 2003 results
Carreker Corporation (Nasdaq:CANI), a leading provider of payments technology and consulting solutions for the financial services industry, today reports revenues of $31.4 million for the third quarter ended October 31, 2003, compared with $36.2 million in the second quarter fiscal 2003 and $34.2 million in the third quarter of fiscal 2002.
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The Company reports net income of $1.3 million, or $0.06 per share (basic) and $0.05 per share (diluted), for the third quarter of fiscal 2003, which compares with net income of $3.9 million, or $0.17 per share (basic and diluted), for the second quarter of fiscal 2003, and net income of $1.0 million or $0.04 per share (basic and diluted) in the third quarter of fiscal 2002.
"Consistent with our earlier guidance, we have generated our second consecutive quarter of profitability," said J.D. (Denny) Carreker, Chairman and Chief Executive Officer of Carreker Corporation. "Our strong financial position and profitability continue to facilitate our investments in the next generation of payment technology solutions."