Monday, 5 December 2011

Intermec Swings to 3Q Profit

Supply chain technology firm Intermec Inc. said it posted third-quarter earnings of $700,000, or 1 cent per share, compared with a loss of $6.9 million, or 11 cents, a year ago.

Revenue grew to $212 million for the quarter ended Oct. 2, from $169 million a year ago, the company said in a statement.

Intermec said it expected fourth-quarter profits to be 8 cents to 13 cents per share on revenues of $235 million to $245 million.


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