Thursday, February 1, 2007
Dallas-based Alliance Data announces record fourth quarter
Email
|
Print
|
Tell us your story
|
Comment
|
DALLAS — Alliance Data Systems Corporation (NYSE:ADS) , a company providing marketing services, credit services and transaction services, today announced record results for its fourth quarter and year ended December 31, 2006.
Total fourth-quarter revenue increased 25 percent to $524.5 million compared to $421.2 million for the fourth quarter of 2005. Net income increased 27 percent to $39.6 million for the fourth quarter of 2006, compared to $31.3 million for the fourth quarter of 2005.
"We are very pleased with our record fourth-quarter and full-year 2006 results," said Mike Parks, Alliance Data chairman and chief executive officer. "Through the steadfast execution of our strategy, we generated $2 billion in revenue in 2006, driven by strong growth balanced across all of our business segments. As a result of our strong performance to date, the planned acquisition of Abacus, and increased visibility into 2007, we are raising guidance for the full year 2007."
For the year ended December 31, 2006, revenue increased 29 percent to $2.0 billion compared to $1.6 billion for the year ended December 31, 2005. Net income increased 37 percent to $189.6 million in 2006, compared to $138.7 million in 2005.
Based on the strong 2006 showing, the company issued raised its outlook for 2007 to $2.2 billion in revenue.
Headquartered in Dallas, Alliance Data employs approximately 9,300 associates at more than 60 locations worldwide.
Source: Alliance Data Systems
See more stories in:
Find...
Today
Saturday Tastings in the Wine and Beer Department Little Joey just LOVES the Saturday wine tastings at Central Market - he particularly likes the blind tastings, when he can sneak a snort while Mommie's not looking. (Great nose!) More info
Latest comments
- ROBTAHN on Favoriting contest: Fiery Food Challenge Awards Dinner at ZestFest: Teresa - Thanks for the update....
- Bill Betzen on Dallas should rename Ross Avenue for Cesar Chavez: I have read through these 87 posts above several times. The only postings found that speak of someth...
- Joel Woiton on Plano mega-graffiti artist tops Britain's Cerne Abbas giant for phallic rudeness: I didn’t do it, but wish I did. I’m sure the PISD is careful about not offending any aerial tourists...
- Teresa Gubbins on Favoriting contest: Fiery Food Challenge Awards Dinner at ZestFest: overall winner was an entry in the “marketing label” category, for a product called Allspice Cafe ca...
Latest reviews
- dmacfar139 on AllGood Cafe: Definitely must add redundancy to the raves already posted here. Tried it this morning for the first...
- dmacfar139 on Ali Baba (Richardson): This place gets a good weekday lunch crowd. Nice mix of folks, working and not. The buffet at these ...
- newseagles on Ali Baba (Richardson): The Sunday buffet is a bargain and features some of the best Middle Eastern food in the metro area. ...
Things you can't miss
- DFW viewers prefer Republican VP candidate to McCain
- Arlington woman finds Virgin Mary image on a rotting grape
- Dallas-based Fox journalist detained (briefly) by police at Republican National Convention site
- Deal: Cindi's has rotating daily specials featuring bargain-priced blue plates and sandwich combos
Latest stories
- Turtle Island Quartet to make a 'Trane stop at UT Dallas on September 20
- Prosecution of Uptown Dallas burglars could be hampered by warrant oopsy-daisy
- Grand Prairie AirHogs 4, Sioux Falls Canaries 5
- Dallas Zoo's Jenny the gorilla euthanized
- Texas Attorney General's review request in Charles Hood case dismissed
Post a comment
(Requires free PegasusNews.com account.)