News

Income up 31 percent for slot maker WMS Industries

By HOWARD STUTZLAS VEGAS REVIEW-JOURNAL

August 3, 2009 - 1:25 pm

Illinois-based slot maker WMS Industries saw its net income jump 31 percent in the fourth quarter that ended June 30.

The company, which battles Bally Technology for the title as the gaming industry’s No. 2 slot machine provider behind International Game Technology, said its profit was $28.4 million, or 49 cents a share. A year ago, WMS said earned $21.6 million, or 36 cents a share. Analysts polled by Reuters Estimates expected WMS to earn 47 cents a share.

WMS said revenue for the quarter rose 5.5 percent to $195.8 million.

Contact reporter Howard Stutz at hstutz@reviewjournal.com or 702-477-3871.

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