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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Alliance Data Revenue Rises 0 comments
    Jul 17, 2014 12:54 PM | about stocks: ADS

    Originally published at www.seclive.com

    Alliance Data Systems Corporation (NYSE:ADS) announced its financial results for the second quarter of fiscal year 2014, posting an increase in revenue from a year ago. The global data marketing provider reported revenue of $1.3B, up from $1.0B last year. An increase in operating expenses dampened the company's operating income to a more modest increase to $282.5M from $269.2M a year ago. Earnings rose from the year-ago $116.4M and $1.71 per share to $137.4M and $2.19 per share. President and CEO Ed Heffernan commented that the company's results were better than expected and as a result, the company will raise its earnings guidance. All segments was marked increases in performance, which combined with new client revenue to start soon and a lower diluted share count, will help drive earnings growth.

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: financial results, earnings Stocks: ADS
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