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CALABASAS, Calif. – Digital Insight posted another record quarter in the last three months of 2002, recording net income of $3.8 million, tripling its year-ago fourth quarter profits while quadrupling cash flow from operations to $9.5 million in 2002 from $2.3 million in the fourth quarter of 2001, the e-finance company reported Thursday. The results came on fourth-quarter revenues of $34.3 million, up 27% from fourth-quarter 2001 revenues of $27 million. DI also said it added 34 new financial institutions as clients in the quarter, resulting in 32 new Internet banking customers, 17 new cash management customers and 22 new lending solutions customers. Its base of active online banking end-users grew 165,000 during the quarter, and at year’s end was nearly 3.6 million, the company said. “Our team delivered a very strong quarter across a variety of important measures,” said John Dorman, DI chairman and CEO. “We also continue to make progress in the area of client retention, which tracked in line with our expectations for the fourth quarter.”

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