eFunds Updates 2006 Outlook; to Release Fourth Quarter and Full-Year 2006 Financial Results on February 21, 2007
26 1월 2007 - 6:33AM
PR Newswire (US)
SCOTTSDALE, Ariz., Jan. 25 /PRNewswire-FirstCall/ -- eFunds
Corporation (NYSE:EFD), the Company that delivers innovative
payment processing and information intelligence solutions,
announced today that it will report financial results for the
quarter and full year ended December 31, 2006, prior to the market
opening on February 21, 2007. A one-hour conference call to discuss
these results will be held at 10 a.m. ET with Paul Walsh, Chairman
and CEO and George Gresham, Chief Financial Officer. To listen to
the conference call, dial 800-399-5351 (International callers dial
706-643-1939) and provide the operator with the Conference ID
number 7297261. The call will also be broadcast on the Company's
Web site at http://www.efunds.com/ under the "Investor Relations"
tab. Interested parties are encouraged to click on the web cast
link 10 to 15 minutes prior to the start of the conference call.
Forward Looking Statements The Company reported that, although the
audit of its 2006 consolidated financial statements has not yet
been completed, it currently expects that revenues for 2006 will
approximate $552 million with diluted earnings per share of
approximately $1.15. Full-year 2006 revenues for its prepaid
business are expected to approximate $85 million, with this
business operating at a modest loss during the fourth quarter.
"Even though the overall level of activity with respect to our
prepaid operations remains quite positive, we are obviously
disappointed that this unit failed to perform up to our
expectations during our most recent quarter. We remain very
optimistic about the fundamental near- and long-term prospects for
this business." said Paul Walsh, Chairman and CEO. Further details
regarding the Company's results for the fourth quarter and the full
year will be discussed on the earnings call described above. Replay
Information A replay of the conference call will be available
beginning two hours after the call's completion and will play
through 11:59 p.m. ET on Mar. 7, 2007. You may access the replay by
dialing 800-642-1687 (international callers dial 706-645-9291) and
entering the Conference ID number 7297261. Additionally, a replay
of the conference call will be available via the eFunds Web site at
http://www.efunds.com/. About eFunds With more than 30 years of
payment processing and information intelligence expertise, eFunds
delivers flexible, innovative solutions to the world's leading
businesses. Leveraging mission-critical business insight, we enable
financial services companies, retailers and government
organizations to grow their businesses while reducing transaction
and infrastructure costs, detecting potential fraud and building
long-term customer value. Our flexible delivery model means
solutions can be run in-house, outsourced or anything in between,
helping customers balance the need for control with operational
efficiency and low cost of ownership. From the point of account
opening to the settlement of every transaction -- debit, credit, or
prepaid -- eFunds helps businesses win more of the right customers,
serve them more efficiently and keep them. http://www.efunds.com/
Statements made in this release concerning the Company's or
management's intentions, expectations, or predictions about future
results or events are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Such statements are necessarily subject to risks and uncertainties
that could cause actual results to vary from stated expectations
and such variations could be material and adverse. Factors that
could result in such a variation include, but are not limited to,
the inherent unreliability of earnings and revenue growth
predictions due to numerous factors, including many beyond the
Company's control, potential difficulties, delays and unanticipated
expenses inherent in the development and marketing of new products
and services, competitive factors, the unpredictability of merger
and acquisition activity, and the numerous risks and potential
additional costs, disruptions and delays associated with the
establishment of new business initiatives. Additional information
concerning these and other factors that could cause actual results
to differ materially from the Company's current expectations is
contained in the Company's Annual Report on Form 10-K for the
period ending December 31, 2005 and its subsequent reports on Form
10-Q. DATASOURCE: eFunds Corporation CONTACT: Helen Johnson,
Investor Relations, +1-480-629-7607, or George Gresham, Chief
Financial Officer, +1-480-629-7662, both of eFunds Corporation Web
site: http://www.efunds.com/
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