Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now


Brightpoint Reports Q4 Sales Increase

– Brightpoint reported a double-digit gain in its revenue for the fourth
quarter, but slightly lower net income.

Revenue was
$1.56 billion in the fourth quarter of 2011, an increase of 39 percent,
compared with the fourth quarter of 2010, for the provider of device lifecycle
services to the wireless industry.

Net income
was $15.07 million, down from the prior year’s final quarter of $15.8 million.

Wireless devices handled were 30.7 million (includes 0.8
million tablets) for the fourth quarter of 2011, which was a record amount
handled in a quarter for Brightpoint. This represents an increase of 6 percent
compared to the fourth quarter of 2010, and an increase of 13 percent compared
with the third quarter of 2011, the company said.

For the
calendar year, revenue increased 46 percent to $5.24 billion, and net income was $48.8
million compared with the prior year’s $30.1 million.

Wireless devices handled, including tablets, were 112.2
million for the year, ended Dec. 31, 2011, which represents a record amount
handled in a year.