Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Intermec=Second Quarter Results Exceed Expectations

Saturday, August 5, 2006

Don’t grow wary of RFID yet, in light of Alien Tech’s IPO withdrawl.

Other powerhouses in the space are proving the technology worthy.

Like parts/systems manufacturer (and Alien competitor) Intermec, which boasted better-than-expected second-quarter reports.

Intermec, Inc. reported net earnings of $11.3 million, or 18 cents per share. That’s a hefty bit above the Thomas Financial Analyst poll expectations of 11 cents per share, reports the Puget Sound Business Journal. [end] 

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