IMGCAP(1)]
ATM manufacturer Diebold Inc. has restated its full-year and fourth-quarter 2008 financials to account for a higher tax provision that lowered by 8 cents the company's per-share earnings for the year and the quarter, Mike Jacobsen, a Diebold spokesperson, tells ATM&Debit News, a CardLine sister publication. After North Canton, Ohio-based Diebold released its unaudited yearend and fourth-quarter earnings Feb. 4, auditors determined the tax provision for year and quarter was $4.9 million higher than company officials reported. As a result, Diebold submitted amended 10-K and 10-Q filings with the U.S. Securities and Exchange Commission, Jacobson says. The amended filings reduced 2008 earning per share to $2.61 from $2.69 and fourth quarter earnings per share to $1.52 from $1.60. The adjustments will not affect Diebold's 2009 full-year revenue and earnings per share filings, Diebold says.
