PRESS RELEASE
LAS VEGAS, October 26, 2011 — Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines, casino management, interactive and mobile applications, and networked systems for the global gaming industry, announced today diluted earnings per share (“Diluted EPS”) of $0.45 on revenue of $195 million for the three months ended September 30, 2011.
“Our investments of recent years are beginning to pay off with good revenue growth across all three divisions and strong customer interest in a variety of our new games and systems products,” said Richard M. Haddrill, the Company’s Chief Executive Officer. “We have many exciting initiatives to be accomplished this year and are diligently focused on exceeding customer expectations. We continue to focus on and invest in growth opportunities in a number of domestic and international jurisdictions.”
“During the quarter, we allocated free cash flow to a number of sources including our gaming operations footprint through incremental wide-area progressive placements and build-out of units for Resorts World New York, debt reduction, repurchases of our common stock, and the acquisition of MacroView Labs,” said Neil Davidson, the Company’s Chief Financial Officer. “This quarter represents the 16th quarter in a row that we have repurchased stock. Since June 30, 2011, we purchased approximately 1.2 million shares of common stock for $36 million at $29.07 per share, of which $31 million was in our first quarter.”
RelatedPosts
