Tyco International Ltd. Reports 11% Drop In Q2 Bottom Line

(RTTNews) - Tyco International Ltd. (TYC) revealed earnings for second quarter that retreated compared to the same period last year.

The company said its bottom line came in at $192 million, or $0.45 per share. This was lower than $215 million, or $0.50 per share, in last year's second quarter.

The company said revenue for the quarter fell 4.1% to $2.33 billion. This was down from $2.43 billion last year.

Tyco International Ltd. earnings at a glance:

-Earnings (Q2): $192 Mln. vs. $215 Mln. last year. -Earnings Decline (Y-o-Y): -10.7% -EPS (Q2): $0.45 vs. $0.50 last year. -EPS Decline (Y-o-Y): -10.0% -Revenue (Q2): $2.33 Bln vs. $2.43 Bln last year. -Revenue Change (Y-o-Y): -4.1%

-Guidance: Next quarter EPS guidance: $0.52 - $0.54 Full year EPS guidance: $2.05 - $2.10