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Brightpoint Q3 Profit Increases - Quick Facts

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

Brightpoint Inc. (CELL) reported third-quarter net income attributable to shareholder of $11.170 million or $0.14 per share compared to $5.479 million or $0.06 per share last year.

Income from continuing operations increased to $14.664 million from $8.478 million last year. Income per share from continuing operations attributable to shareholders was $0.18 compared to $0.10 a year ago.

Adjusted income from continuing operations decreased to $10.775 million or $0.13 per share from $13.278 million or $0.16 per share prior year.

On average, 10 analysts polled by Thomson Reuters expected the company to report profit of $0.11 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue decreased to $867.915 million from $1.167 billion last year. Analysts expected revenue of $753.01 million for the quarter.

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