Wednesday, Diebold Inc. (DBD) said its fourth-quarter net income attributable to Diebold, Inc. surged to $16.68 million or $0.25 per share from $1.05 million or $0.01 per share in the prior year period.
Income from continuing operations for the quarter dipped to $9.98 million or $0.12 per share from $19.07 million or $0.26 per share in the year-ago period.
Non-GAAP earnings per share for the quarter were $0.29 compared with $0.43 in the earlier year period.
Total net sales for the quarter declined to $724.92 million from $791.14 million in the comparable period.
Also, the company added that it will eliminate around 350 full-time jobs from its North America operations and corporate functions.
For fiscal 2010, the company now expects GAAP earnings per share to be in the range of $1.87 - $2.10 and non-GAAP earnings per share in the range $1.90 - $2.15. The company currently projects total revenue growth in range of 4% - 9%.
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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.