Brightpoint Inc. (CELL) Wednesday reported a loss for the second quarter, compared to a profit last year. Loss was driven mainly by lower margins.
Loss from continuing operations, attributable to common shareholders, was $4.2 million or $0.06 per share, compared to a profit of $11.8 million or $0.18 per share in the same period last year.
Adjusted earnings were $9.2 million or $0.13 per share, compared to $16.3 million or $0.23 per share last year.
On average, six analysts polled by Thomson Reuters expected the company to earn $0.15 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $1.27 billion, up from $1.23 billion last year. Analysts expected revenues of $1.34 billion.
Gross margin was 6.2 percent, compared to 7.5 percent last year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.