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Brightpoint reports higher revenue, earnings

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Brightpoint Inc. said Wednesday that its profit and revenue jumped in the first quarter as the Indianapolis-based wireless device distributor moved more units.

Revenue jumped to $795.3 million in the period ended March 31, an increase of 15 percent compared to the first quarter of 2009.

Adjusted income from continuing operations was $11.3 million, or 15 cents per share, compared to $5.2 million, or 6 cents per share, in the same quarter last year.

The earnings topped average analyst expectations by 6 cents per share.

Brightpoint handled 22.5 million units in the first quarter, a jump of 21 percent compared to the first quarter of 2009.

"I am very pleased we were able to deliver strong financial results for the first quarter of 2010," said Tony Boor, Brightpoint's chief financial officer and treasurer, in a prepared statement. "All of our regions exceeded our internal expectations for the first quarter..."
 

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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

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