Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Diebold reports 2Q financials
NORTH CANTON, Ohio (8/5/09)--ATM manufacturer Diebold Inc. reported that its second quarter revenue was $770.5 million, down 9% from the second quarter last year. Six-month year-to-date 2009 income from continuing operations was $34.9 million, down 20%. “There are signs that the market has bottomed out and is beginning to stabilize,” said Thomas Swidarski, Diebold president/CEO. “For the remainder of this year, however, we don’t expect any significant rebound in demand as spending remains tight with our financial customers.” Current assets total $1.6 billion. The company’s projected revenue outlook for the remainder of 2009 includes a 7% to 13% drop in total revenue. Earnings per share are expected to range between $1.34 and $1.52. Total products and services orders for financial self-service and security were down in the mid-20% range compared to last year. In the Americas, financial self-service orders decreased more than 30%, Diebold said. Total operating expenses for the second quarter was 18.3%, a decrease of 0.7 percentage points from last year. Total net debt was $238.4 million as of June 30--a $15.8 million reduction from Dec. 31. Diebold is based in North Canton, Ohio.
Other Resources

RSS print
News Now LiveWire
In just over a year, @SaveToWinWA generates more than $1M of savings in 6 #creditunions http://t.co/rszMd0SZVv
11 hours ago
Even the pest guy is a cybersecurity risk: http://t.co/Tqq4qfOgcq
12 hours ago
.@SCTelco_FCU among best places to work in S.C. via @TheCCUL http://t.co/PJnjOArfm8
14 hours ago
#IceBucketChallenge in D.C. today: @HampelBill with help from some @CUNA staff http://t.co/3iOqE2KSjd
14 hours ago
P2P mobile payments draw millennials' interest via @BloombergNews http://t.co/uoO2anjCsV
16 hours ago