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Gaming Industry News => Jays Gaming and Industry News => Topic started by: doublediamonddlx on February 01, 2009, 12:06:41 AM



Title: WMS posting higher 2nd quarter...
Post by: doublediamonddlx on February 01, 2009, 12:06:41 AM

Slot machine supplier says business is steady
By Sun Staff
Thu, Jan 29, 2009 (5:28 p.m.)

Casino slot machine supplier WMS Industries Inc. today reported a higher quarterly profit and said it expects its business to remain steady this fiscal year despite a slowdown in orders affecting other game suppliers.

WMS, of Waukegan, Ill., said it earned $23.7 million or 41 cents per share in the fiscal second quarter ending Dec. 31. That included a one-time gain of $5 million or 5 cents per share. In last year's quarter, the company earned $16 million or 27 cents per share.

WMS, which sells gaming machines with themes like Monopoly, John Wayne and Wizard of Oz, said quarterly revenue increased 12 percent to $178.4 million.

The results were in line with analysts' published estimates.