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- Revenue was $86.5 million and increased 5.5 percent year-over-year due to price increases and growth in non-check products and services, partially offset by check usage declines.
- Operating income increased 4.4 percent from last year to $19.0 million, reflecting the continued benefits of cost reductions and price increases. Adjusted operating income, which excludes restructuring-related costs in both periods and transaction-related costs in 2013, improved about 7.7 percent from 2012.
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- People:
- Lee Schram
- Places:
- Shoreview, Minn.
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