S1 Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. Total revenue in the third quarter of 2009 increased 3% to $60.3 million from $58.6 million in the third quarter of 2008. GAAP earnings were $6.9 million or $0.12 per share diluted in the third quarter of 2009 compared to GAAP earnings of $6.2 million or $0.11 per share basic and diluted in the third quarter of 2008. Adjusted EBITDA in the third quarter of 2009 was $11.7 million compared to $10.5 million in the third quarter of 2008. The company reported operating income of $9.063 million compared to $7.177 million for the same period of last year. The company reported net cash provided by operating activities of $2.614 million and payments for property, equipment and technology of $1.858 million compared to net cash provided by operating activities of $14.882 million and payments for property, equipment and technology of $2.556 million for the same period of last year. Total revenue in the nine months ended September 30, 2009 increased 6% to $179.5 million from $169.8 million in the nine months ended September 30, 2008. GAAP earnings were $20.5 million or $0.37 per share diluted in the nine months ended September 30, 2009, a $0.09 increase over GAAP earnings of $16.5 million or $0.28 per share diluted in the nine months ended September 30, 2008. Adjusted EBITDA in the nine months ended September 30, 2009 was $33.9 million compared to $32.5 million in the nine months ended September 30, 2008. The company reported operating income of $24.795 million compared to $19.131 million for the same period of last year. The company reported net cash provided by operating activities of $19.150 million and payments for property, equipment and technology of $6.364 million compared to net cash provided by operating activities of $31.181 million and payments for property, equipment and technology of $7.273 million for the same period of last year. The Company expects to generate approximately $25 to $26 million in revenue from State Farm in 2010. The company reaffirms its 2009 guidance of $240 to $245 million in revenue and $47 to $50 million in Adjusted EBITDA.

S1 Corp. expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 5, 2009).

S1 Corp. announced that Morrisons, the UK's fourth largest retailer, has chosen the S1 Retail Payments solution for all card payment processing originating in its stores and fuel filling stations, which are located at more than 380 sites. The S1 solution will acquire, process, and consolidate card payment transactions originating from over 12,000 points-of-sale. The selection of S1 is part of Morrisons' major IT investment program, which involves upgrading its systems to a modern, open architecture. When considering options for the new payments solution, Morrisons looked for a system that could process millions of transactions a month reliably and securely, integrate seamlessly with other best-of-breed components, and comply with the necessary EMV and PCI DSS mandates. After a detailed and extensive evaluation process, Morrisons chose the S1 Retail Payments solution because it demonstrated that it could meet all these demands. S1's multi-channel payments architecture will enable Morrisons to migrate existing disparate payments channels - for in-store tills, self check-out, cafes and dry cleaning, as well as fuel filling stations and unattended fuel payments - into a single, consolidated environment. An S1 till software component will reside on each Morrison point-of-sale, and will integrate with PIN entry devices and Retalix StoreLine applications, which were also selected as part of the program. The solution is currently being rolled out nationally, with the first store already live at Guisborough in Yorkshire.