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Intermec Profits




RFID World

Intermec reported first-quarter results, end March 30, on Thursday. Net income rose to $7.7 million, or 13 cents per share, compared with a loss of $4.4 million, or 7 cents per share, in the year-ago quarter. Revenue rose 21% to $217 million. The Everett-based maker of bar code and radio frequency identification hardware says earnings in the second quarter should reach 18- to 21-cents per share, on revenue between $227 million and $232 million.

Good (and unexpected) news, always welcome.

 

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