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Intermec’s Third-Quarter Income Declines
Supply chain technology firm Intermec Inc. said its third-quarter net earnings were $100,000, or zero cents per share, compared with $11 million, or 18 cents, a year ago.
Revenue fell to $159 million, down 32% from $234 million a year ago, the company said in a statement.
The company said its fourth-quarter earnings per share would be zero to 5 cents per share, and that revenue will be $160 million to $170 million.
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