22 October 2017
Register now

Diebold returns to profit in first quarter

22 April 2003  |  2886 views  |  0 Diebold returns to profit in first quarter

Diebold is reporting first quarter earnings of $25.9 million against a loss of $6.6 million in the same period last year as revenue from security solutions and financial self-service sales in Asia showed a significant improvement.

Total revenue for the quarter was $410.2 million, up $9.1 million, or 2.3% and 3.7% on a fixed exchange rate basis. Diebold's financial self-services business remained stable in the Americas but saw big swings elsewhere as revenue growth of 27% in Asia Pacific was offset by a 12.8% slide in European revenues.

Security solutions revenue grew 22.8% as a result of growth in the financial industry, government and retail markets.

Walden O'Dell, Diebold chairman, president and chief executive officer, comments: "We see global demand for new self- service products strengthening during the second half of the year as we roll out our new Opteva self-service hardware platform."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

US Bank first to deploy Diebold's Opteva ATM

US Bank first to deploy Diebold's Opteva ATM

03 April 2003  |  3540 views  |  0 comments
Diebold targets Emea ATM market with Opteva range

Diebold targets Emea ATM market with Opteva range

13 March 2003  |  4109 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.fivedegrees.nlvisit www.atos.net

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
13547 views comments | 17 tweets | 28 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
12474 views comments | 22 tweets | 28 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9609 views comments | 13 tweets | 10 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9275 views comments | 12 tweets | 23 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8622 views comments | 9 tweets | 18 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job