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10/28/10Intermec Reports Third Quarter 2010 Results: EPS of $0.00 (Benzinga)

Intermec, Inc. (NYSE: IN) today announced financial results for its third quarter, which ended September 26, 2010. Third quarter 2010 revenues were $169 million and earnings before tax were $2.3 million. The Company recorded a $9.2 million primarily non-cash tax expense in the quarter to align its year-to-date provision with updated fiscal-year 2010 revenue and income estimates, as further described below. This resulted in a third quarter net loss of ($6.9) million, or ($0.11) per diluted...

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