Intermec’s Third-Quarter Income Declines

Supply chain technology firm Intermec Inc. said its third-quarter net earnings were $100,000, or zero cents per share, compared with $11 million, or 18 cents, a year ago.

Revenue fell to $159 million, down 32% from $234 million a year ago, the company said in a statement.

The company said its fourth-quarter earnings per share would be zero to 5 cents per share, and that revenue will be $160 million to $170 million.