• Operating income in 2012 increased to $39.6 million from $34.6 million in 2011.
Financial Services
• Revenue was $82.8 million compared to $85.2 million in 2011. The impact of check usage declines exceeded the benefits of price increases, revenue from a new financial institution client, and growth in non-check revenue. Secular declines for consumer checks were slightly less than 5 percent in the quarter.
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- People:
- Lee Schram
- Places:
- St. Paul, Minnesota
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