7 February 2013 1:22 PM, PST | Deadline TV | See recent Deadline TV news »

The stock is down 7.4% in post-market trading after the company behind the Redbox DVD rental kiosks reported so-so results for Q4, with a light projection for 2013. Net income of $22.9M is down 27.4% from the end of 2011, on revenues of $564.1M, +8.4%. The revenue number is short of analysts’ forecasts for $580.2M. But earnings from continuing operations, at 75 cents a share, topped expectations for 73 cents. Coinstar predicts that in the current quarter revenues could go as high as $593M with Eps from continuing operations of as much as 92 cents. Some analysts expected better: for example B. Riley’s Eric Wold expects Q1 revenues of $614.8M with Eps of $1.12. Coinstar says that Redbox accounted for $488.3M in revenues in Q4, +9.6%, with operating income of $41.2M, -11.5%. With initiatives including the new Redbox Instant By Verizon streaming service “we made strategic investments across our business this year that we believe will generate new opportunities »

- DAVID LIEBERMAN, Executive Editor

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