Mobile phone logistics firm Brightpoint (CELL -16.1%) tumbles after delivering in-line Q4 EPS in...


Mobile phone logistics firm Brightpoint (CELL -16.1%) tumbles after delivering in-line Q4 EPS in spite of a healthy revenue beat (the result of competition, and a mix shift towards low-margin services), and lowering its 2012 EPS guidance to a range of $1.07-$1.17 ($1.16 consensus). Brightpoint also says it expects the number of devices it handles to fall 15%-20% Q/Q in Q1, worse than normal seasonality. (PR)

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