Here's the lead paragraphs of the CORI earnings statement:
PORTLAND, Ore.--(BUSINESS WIRE)--Feb. 9, 2005--Corillian Corp. (Nasdaq:CORI), the top provider of online banking solutions to leading financial institutions, today reported financial results for the fourth quarter and year ended December 31, 2004.
Revenues for 2004 were $50.8 million, compared to $46.1 million for 2003, an increase of 10 percent. Net income for 2004 was $10.5 million, resulting in diluted earnings per share of $0.26. This compares to net income of $5.1 million in 2003, resulting in diluted earnings per share of $0.14, a growth in earnings per share of 86 percent.
Revenues for the fourth quarter were $13.2 million, compared to $12.2 million for the fourth quarter of 2003, a growth rate of 8 percent. Net income for the quarter was $3.3 million, resulting in diluted earnings per share of $0.08, compared to net income for the comparable prior year period of $2.1 million, which resulted in diluted earnings per share of $0.05 for the fourth quarter of 2003.
Cash and investment balances at the end of the fourth quarter were $39.4 million, compared to $26.8 million at the end of 2003, an increase of over 40 percent.
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Diligence is the mother of good luck.
Ben Franklin (1706-1790)