Shares of Diebold (NYSE:DBD) shares were up strongly today in the wake of the company's Q4 and fiscal results release. For the quarter, revenue was $811 million, down 3% from the $840 million in the same period the previous year. Net loss deepened to $41 million ($0.65 per diluted share), from Q4 2012's $12 million ($0.19). On an adjusted basis, however, those EPS figures were $0.57 and $0.43, respectively. Analysts had been expecting revenue of $801 million and EPS of $0.59.
For the entirety of 2013, Diebold's top line was $2.86 billion, a decline from 2012's $2.99 billion. Bottom line swung to a loss of $182 million ($2.85 per diluted share), from a profit of $74 million ($1.17) the previous year. On an adjusted basis, 2013's EPS was $1.36, and the preceding year's was $1.99.
The company provided EPS guidance for fiscal 2014. On an adjusted basis, it believes it will post EPS of $1.65 to $1.85.
Following the announcement of the results, Diebold's stock advanced by 9%, or $3.13, to close the day at $36.30.
Eric Volkman has no position in Diebold. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.