Surprisingly strong demand from Asia, and especially China, helped Diebold Inc. offset weak sales of automated teller machines in the United States and Europe in the second quarter.

"In Asia-Pacific, our second-quarter performance was stronger than expected, led by China," Thomas W. Swidarski, Diebold's president and chief executive, told analysts during a conference call Tuesday to discuss second-quarter results. "And it was the primary reason we exceeded our internal quarterly" earnings forecast.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.