Weekly profile.WEEKLY PROFILE ELECTRONIC CLEARING HOUSE Symbol: ECHO Exchange: NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Close: $11.96 1-WK % Chg: 9.2% Business Overview Electronic Clearing House provides complete solutions for the payment processing needs of merchants, banks and collection agencies. Its services include debit and credit card processing, check guarantee, check verification, check conversion, check re-presentment, check collection and inventory tracking. ECHO is Echo I may refer to:
n. A card issued by a bank authorizing the holder to receive bank services and often functioning as a debit card. and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. services and check services. It operates under brands including MerchantAmerica, National Check Network for wholesale of check verification, check authorization The right or permission to use a system resource; the process of granting access. See access control. and capture and for membership to collection agencies; XPRESSCHEX Inc. for retail check verification, check conversion, automated clearing house See ACH. services, check collection and check guarantee services, and U-Haul Services, which provides credit card authorization, check verification and check guarantee to U-Haul dealers, manages all dealer rental and contract activity and tracks both compensation and available dealer inventory. Income Statement 2003 * 2002 * Summary Revenue (millions) $40.6 $33.3 Headquarters: Camarillo Operating Income (millions) 2.4 (1.2) Market Cap: $75.6 million Net Income (millions) (3.4) (2.4) Divided Yield: NA EPS ($0.58) ($0.41) P/E Ratio: 54.4 * Fiscal years ended on Sept. 30. [GRAPHIC OMITTED] |
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