Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
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.”


RSS print
News Now LiveWire
Goodwill Industries latest to report data security breach http://t.co/gIaXNsT4Bk
2 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
4 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
4 hours ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
4 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
5 hours ago