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Diebold announces 4Q 2009 financials
NORTH CANTON, Ohio (2/5/10)--ATM manufacturer Diebold has released its fourth quarter 2009 financials. Diebold reported fourth quarter 2009 income from continuing operations attributable to Diebold at $7.9 million, or $0.12 per share. The amounts are down 55% and 54%, respectively, from fourth quarter 2008. Fourth quarter 2009 revenue was $724.9 million, down 8% from the same period in 2008. Full-year 2009 income from continuing operations was $73.1 million, or $1.09 per share, both down 32% and 33% respectively from 2008. Full-year 2009 revenue was $2.7 billion, down 12% from 2008. “We delivered solid operational results during the fourth quarter, despite a number of challenges the financial industry continues to face,” said Thomas W. Swidarski, Diebold president/CEO. Diebold also said it is planning to eliminate 350 full-time jobs in its North American operations. “Our business related to bank branch construction in North America, remains especially challenging and will likely not return to historical norms in the near future,” Swidarski said. “To improve our ability to invest in key growth initiatives, we are realigning our organization and resources to better support our opportunities in the emerging growth markets.”


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