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August 14, 2013
17:09 EDTDBDDiebold revises Q2 EPS to (35c) from previous (25c)
The company adjusted the 2013 valuation allowance charge on certain Brazil deferred tax assets from $(0.51) per share to $(0.61) per share for the quarter, or $(0.62) for the year-to-date period. This resulted in a revised second quarter 2013 loss from continuing operations of $(1.65) GAAP, or $(0.35) non-GAAP*. The second quarter non-GAAP* loss includes the valuation allowance on certain Brazil deferred tax assets of $(0.61). The adjustment had no impact on Diebold's cash flow and no significant impact on its balance sheet. In addition, the company has adjusted full-year 2013 non-GAAP* EPS guidance to 68c -78c, including the valuation allowance on certain Brazil deferred tax assets of $(0.62). Full disclosure of the Brazil tax matters is available in the company's Form 10-Q filed today.
News For DBD From The Last 14 Days
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July 31, 2015
06:38 EDTDBDDiebold upgraded to Outperform from Neutral at Wedbush
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July 30, 2015
07:05 EDTDBDDiebold backs FY15 non-GAAP EPS $1.70-$1.90, consensus $1.80
Backs FY15 revenue to decline 5%-6%, consensus $2.91B.
07:04 EDTDBDDiebold expects to place more emphasis on mix of revenue
CEO Andy Mattes commented, “We're encouraged with the progress we've made since we introduced our Diebold 2.0 transformation in 2013, with a strong emphasis on reducing our cost structure, improving our cash flow, building talent and making the investments necessary to grow the company. These pillars will remain important during the next phase of our transformation. Looking forward, we will place more emphasis on improving our mix of revenue to include a higher ratio of recurring services and software, which typically improves visibility and value. We remain encouraged with our opportunities and are confident in our ability to position Diebold for long-term success.”
07:04 EDTDBDDiebold reports Q2 non-GAAP EPS 44c, consensus 39c
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