Article: Total System posts 30% revenue gain. (Total SYstem Services Inc.)(Brief Article)

Total System Services Inc. reported a 10% increase in net income for the first quarter, to $4.8 million, or 7.4 cents a share, while revenues shot up 30%, to $53.4 million.

The credit, debit, and private-label card processor continues to invest in system upgrades and conversions associated with its TS2 software.

"We are very pleased with our performance for the first quarter," said chairman and chief executive Richard W. Ussery. "We expect the year to be ...

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