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Can We Talx? Firm Growing Fast By Easing Employee Verification; Replacing Paperwork; Data on 100 million jobs helps customers do fast checks on job candidates.(INTERNET & TECHNOLOGY)(Q & A)
Byline: J. BONASIA
Few tech stocks have been hotter this summer than Talx.
The company may not be a household name, but its sales and earnings have surged in recent years. And its share price has more than doubled in 2005.
On Thursday, the company reported per-share income from continuing operations of 29 cents for the June quarter.
Analysts expected 27 cents. The figure is up from 13 cents in the year-ago quarter, excluding a one-time charge of $2.5 million to settle a Securities and Exchange Commission matter.
The company raised its full-year outlook, saying it now expects income from continuing operations of $1.15 to $1.20 share, where it had expected $1.02 to $1.10.
Talx sells outsourced payroll data services, including employment verification and unemployment tracking.
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