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– SPS Transaction Services Inc. reported third-quarter net income fell 52 percent, to $5.6 million, or 21 cents a share, from $11.8 million, or 43 cents a share, a year earlier. The Riverwoods-based credit-card transaction-processing company said revenues slipped 1 percent, to $79.6 million from $80.7 million.
For the nine months, net income fell 27 percent, to $23.2 million, or 85 cents a share, from $31.8 million, or $1.17 a share, in the 1995 period. Revenues rose 11 percent, to $251.9 million, from $226.4 million.
