Earnings: Brightpoint Reports Second Quarter 2005 Financial Results

Mobile phone distributor Brightpoint has released its Q2 financial results showing an increase in revenue of about 13% year-on-year. There was a net income of $4.9 million on revenues of $524 million.
Other highlights include an 88% increase in operating income in Brightpoints’ Americas division, a $2.2 million operating loss in Europe and a 60% year-over-year increase in wireless devices handled during the second quarter of 2005. Read the release for the good, the bad and the ugly.

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