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Brightpoint Turns To Profit In Q4 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Brightpoint Inc. (CELL) reported fourth-quarter net income attributable to shareholders of $18.292 million or $0.23 per share compared to a loss of $346.037 million or $4.38 per share last year.

Adjusted income from continuing operations increased to $18.143 million or $0.22 per share from $8.380 million or $0.10 per share last year.

On average, 11 analysts polled by Thomson Reuters expected the company to report profit of $0.16 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenue decreased to $905.610 million from $961.347 million last year. Analysts expected revenue of $927.12 million for the quarter.

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