Firm reports record earnings

Friday, Dec. 15, 2000 | 10:49 a.m.

Shuffle Master Inc. of Las Vegas reported net earnings of $2.5 million, or 22 cents per diluted share, for the quarter ending Oct. 31, a record for the company.

In the year-ago quarter, the company reported a net loss of $200,000, or 2 cents per diluted share. The fourth-quarter results were in line with Nov. 27 earnings projection made by the company.

The company attributed earnings gains to increased sales across all product lines, combined with improved margins.

Shuffle Master is a supplier of a variety of gaming equipment, including card shufflers, proprietary table games and slot machines.

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