Diebold 3Q earnings up 65 percent

NORTH CANTON, Ohio (AP) -- Ohio's Diebold Inc., which makes bank ATMs and voting machines, reported a 65 percent jump in third-quarter earnings.

The company based in North Canton said Thursday it posted a profit of $46.5 million, helped by cost-cutting and an early close to a big sale in China.

Diebold earned 70 cents per share, including restructuring charges. Wall Street analysts were looking for 64 cents, though their estimates typically do not include one-time charges.

In September, Diebold filed its annual report for 2007 and its quarterly reports going back to the second quarter of last year. The filings were delayed over regulatory concerns about how Diebold was reporting revenue.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:
23 WIFR 2523 North Meridian Road Rockford, IL. 61101 Business: 815-987-5300 Fax: 815-965-0981 News: 815-987-5330 Fax: 815-987-5333
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 33571324 - wifr.com/a?a=33571324
Gray Television, Inc.