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twitterLV gaming supplier reports improved earnings
Monday, April 17, 2000 | 10:40 a.m.
Las Vegas-based Paul-Son Gaming Corp. reported net income of $118,000, or 3 cents per share, for the quarter ending Feb. 29.
The quarterly results were a marked improvement over the year-ago period, when Paul-Son lost $117,000, or 3 cents per share. Revenues for the quarter rose 5 percent to $6.3 million, while operating income was $159,000, up from an operating loss of $430,000 in the year-ago quarter.
Eric Endy, chairman and chief executive, attributed the stronger results to improvements in manufacturing efficiency and the reduction of overhead expenses.
Paul-Son is a manufacturer and supplier of table game equipment for casinos.
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