The Brink's Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 07:42 am EST
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The Brink's Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 1,227.4 million compared to USD 1,136.7 million a year ago. Net income was USD 45.6 million compared to USD 19.2 million a year ago. Basic earnings per share from continuing operations was USD 0.98 compared to USD 0.41 a year ago. Diluted earnings per share from continuing operations was USD 0.97 compared to USD 0.41 a year ago. Basic earnings per share was USD 0.98 compared to USD 0.41 a year ago. Diluted earnings per share was USD 0.97 compared to USD 0.4 a year ago.
For the nine months, sales was USD 3,629 million compared to USD 3,344.6 million a year ago. Net income was USD 92.7 million compared to USD 125.6 million a year ago. Basic earnings per share from continuing operations was USD 1.98 compared to USD 2.65 a year ago. Diluted earnings per share from continuing operations was USD 1.95 compared to USD 2.63 a year ago. Basic earnings per share was USD 1.99 compared to USD 2.64 a year ago. Diluted earnings per share was USD 1.96 compared to USD 2.62 a year ago.
The Brink's Company is a global provider of cash and valuables management, digital retail solutions, and automated teller machine (ATM) managed services. Its segments include North America, Latin America, Europe and Rest of World. Its cash and valuables management services include Cash-in-transit services, Basic ATM services, Brink's Global Services, Cash management services, Vaulting services and other services. Its Digital Retail Solutions includes services that facilitate faster access to cash deposits leveraging its tech-enabled sales and software platforms and enable enhanced customer analytics and visibility. Its ATM Managed Services provides an economical solution for financial institutions, retailers and independent ATM owners to outsource day-to-day operation of ATMs. Its customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations around the world. Its global network serves customers in more than 100 countries.
THE BRINK'S COMPANY 
