Deluxe Corp. said its second-quarter profit rose 12 percent, driven chiefly by growth in its financial services business.
The Shoreview company said it earned $56.1 million, or $1.11 a share, in the April-to-June period. Analysts had expected a profit of $1.06 a share.
Revenue was $435.9 million, up 7.5 percent from a year ago.
The company raised its outlook for the rest of the year, and its shares rose 4 percent.
"We continue to execute our transformation strategy and are pleased with the growth we see in our marketing solutions and other services product categories," Chief Executive Lee Schram said in a statement.
Evan Ramstad
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses
Tennessee's GOP-controlled General Assembly on Thursday adjourned for the year, concluding months of tense political infighting that doomed Republican Gov. Bill Lee's universal school voucher push. But a bill allowing some teachers to carry firearms in public schools and one adding a nearly $2 billion tax cut and refund for businesses received last-minute approval.
Business
Net neutrality restored as FCC votes to regulate internet providers
The Federal Trade Commission on Thursday voted to restore ''net neutrality'' rules that prevent broadband internet providers such as Comcast and Verizon from favoring some sites and apps over others.
Business
Biden celebrates computer chip factories, pitching voters on American 'comeback'
President Joe Biden on Thursday sought to sell voters on an American ''comeback story'' as he highlighted longterm investments in the economy in upstate New York to celebrate Micron Technology's plans to build a campus of computer chip factories made possible in part with government support.
Business
Athletic director used AI to frame principal with racist remarks in fake audio clip, police say
A high school athletic director in Maryland has been accused of using artificial intelligence to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said Thursday.
Business
Selling weight-loss and muscle-building supplements to minors in New York is now illegal
It's now illegal to sell weight-loss and muscle-building supplements to minors in New York, under a first-in-the-nation law that went into effect this week.
