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Medline: Q4 Earnings Snapshot

NORTHFIELD, Ill. (AP) — NORTHFIELD, Ill. (AP) — Medline Inc. (MDLN) on Wednesday reported fourth-quarter net income of $182 million.

The Northfield, Illinois-based company said it had net loss of 1 cent per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The medical supply company posted revenue of $7.79 billion in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $7.52 billion.

For the year, the company reported profit of $1.16 billion, or 1 cent per share. Revenue was reported as $28.43 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDLN at https://www.zacks.com/ap/MDLN

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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