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Penny Stock DD

Brightpoint Inc., a distributor of wireless phones, said Thursday that its earnings increased more than sixfold as the growing demand for smartphones meant that more higher-priced devices passed through Brightpoint’s facilities.

Brightpoint’s business is mainly reselling wireless phones. About 90 percent of the company’s revenue has typically come from its distribution business, and Brightpoint has said in regulatory filings that it has 25,000 “business-to-business” customers worldwide, which refer to companies that sell to other companies, instead of directly to consumers.

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Don

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