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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Business & education services

Equifax nudges higher in pre-market despite profit drop

Revenue growth was also lower in the most recent three months ...

Under the cosh credit checking giant Equifax Inc (NYSE:EFX) nudged a tad higher in pre-market deals despite it reporting a 27% drop in quarterly profits.

Revenue growth was also lower in the most recent three months, as the firm grappled with the fallout from a major data breach.

READ: Equifax confirms more than 15mln UK customer records hacked in last month’s massive cyber attack

The numbers involved have been staggering as the group said personal information of more than 145mln people in the USA and the UK may have been exposed.

Interim chief executive Paulino Barros, who was installed after the previous boss resigned, said he had high confidence that the firm would emerge from the crisis stronger.

Equifax shares added 0.78% to US$109.80 in pre-market deals on Friday.

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