Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Diebold exceeds expectations for first quarter
NORTH CANTON, Ohio (4/28/10)--Diebold reported first quarter 2010 income from continuing operations at $24.9 million, or $0.37 per share. The amounts are both up 185% from the first quarter of 2009. First quarter 2010 revenue was $619 million, down 6% from the same quarter in 2009, Diebold said in a release. “During the first quarter, we delivered solid results despite a challenging comparison to the same period last year, during which the effects of the global recession had yet to impact our results,” said Thomas W. Swidarski, Diebold president/CEO. “We exceeded our internal expectations during the quarter, as some business closed sooner than expected and we benefited from a more profitable segment mix.” The company is more confident in its full-year outlook and is continuing to focus on emerging solutions and building its infrastructure in key growth markets worldwide, he added. Other items Diebold noted were:
* Global products and services orders decreased 9% compared with the prior-year period; * Global financial self-service orders decreased 10% against first quarter 2009 after a growth of 40% in fourth quarter 2009; * Total gross margin for first quarter 2010 was 25.5%, an increase of 2.3 percentage points from first quarter 2009; * Total operating expense as a percentage of revenue for the first quarter 2010 was 19%; and * Operating profit was 6.6% of net sales in first quarter 2010, a decrease of 0.2 percentage points from first quarter 2009.
Other Resources

RSS





print
News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
1 Day ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
1 Day ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
1 Day ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
1 Day ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
1 Day ago