Slump continues for Las Vegas gaming supplier

Friday, April 13, 2001 | 10:44 a.m.

Paul-Son Gaming Corp. of Las Vegas is continuing to trim expenses to reverse a slump that has dogged the company for several quarters.

Paul-Son, which operates a manufacturing plant in San Luis, Mexico, reported a loss of $251,000, 7 cents a share, compared with earnings of $118,000, 3 cents a share, in the same quarter a year earlier.

The third-quarter results for the three months ending Feb. 28 were based on revenues of $5 million this year and $6.3 million a year ago.

Eric Endy, Paul-Son's chairman and chief executive officer, said the company's expense reduction program resulted in an improvement over the second quarter, narrowing losses by 46 percent despite modestly lower sales.

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