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Coinstar's 1Q Profit Slides But Sales Surge

Stock quotes in this article: CSTR  

BELLEVUE, Wash. (AP) — Coinstar Inc., which makes coin-counting machines, said Thursday its first-quarter profit fell 27 percent as several big one-time charges offset a dramatic surge in revenue.

In the first three months of this year the company earned $2 million, or 7 cents per share, compared with $2.7 million, or 10 cents per share, in the year-earlier period.

Excluding one-time items, Coinstar earned 14 cents per share. ...

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