CheckFree revenues surge 12%

CheckFree Corp. registered a 12% revenue hike to $224.9 million in its fiscal fourth quarter, fueled by the solid performance of the company's software and investment services divisions.


GAAP net income hit $29.4 million, or $0.31 per share. For fiscal 2006, CheckFree chalked up consolidated revenues of $879.4 million, 17% higher than in the last fiscal year.


Its full-year GAAP net income was fixed at $127.2 million, or $1.36 per share. The company expects revenue of between $226 million and $231 million in the first fiscal quarter of 2007.


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