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VALLEY AND VENTURA COUNTY | REGIONAL EARNINGS

Electronic Clearing House Posts 35% Rise in Income

April 21, 1998

Electronic Clearing House Inc. saw its net income jump 35% in its second quarter on an 8% rise in revenues.

The company's net income rose to $251,000, compared to a profit of $186,000 a year earlier, while its revenues in the latest quarter were $5.2 million, up from $4.8 million.

The Agoura Hills-based company provides credit card processing and check guarantee and inventory tracking services to retailers and U-Haul dealers.

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