Deluxe Posts Spike in Net Income on More Modest Revenue Increase

Financial Services
Revenue was $90.6 million compared to $88.0 million in 2011. The impact of price increases, growth in non-check revenue and revenue from a new financial institution client more than offset the impact of check usage declines. Operating income in 2012 increased to $21.9 million from $15.7 million in 2011.