Shuffle Master reports loss in fourth quarter
Gambling equipment provider Shuffle Master Gaming reported Wednesday that it had a net loss of $15 million in the fourth quarter that ended Oct. 31, compared with a net gain of $8.1 million a year ago. The company’s net loss per share was 28 cents, compared with a net income per share of 23 cents in the same quarter of 2007.
For all of 2008, Shuffle Master lost $10.8 million, compared with a net income of $16.4 million in 2007.
Shuffle Master’s overall revenues were $53.6 million in the quarter, compared with $51.7 million a year ago, and $190 million for all of 2008, compared with $178.8 million in 2007.
