Diebold reports 3Q financials

NORTH CANTON, Ohio (11/5/09)--ATM manufacturer Diebold reported its third quarter income from continuing operations at $24.5 million, or 37 cents per share--down 49% from third quarter 2008.

Third quarter revenue was $645.2 million, which is 26% less than third quarter 2008. Nine-month year-to-date 2009 income from continuing operations attributable to Diebold, net of tax, was $65.2 million, or 98 cents per share. That is a drop of 28% from the same period last year. Nine-month year-to-date 2009 revenue totaled $1.99 million, down 13% from 2008.

Non-generally accepted accounting principles (GAAP) earnings per share from continuing operations attributable to Diebold, net of tax, in the third quarter 2009 were 39 cents, down 67% from third quarter 2008. Nine-month year-to-date 2009 non-GAAP earnings per share accounted $1.36, a decrease of 40% from the same period in 2008.

All results from operations reported, including prior periods, reflect Premier Election Solutions as a discontinued operation.

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