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twitterLV operator’s profit improves
Wednesday, July 31, 2002 | 11:04 a.m.
Herbst Gaming Inc. of Las Vegas, operator of casinos and video poker routes, today reported a profit for its second quarter ended June 30 of $1.7 million, up from $200,000 in the year-ago quarter.
Revenue of $63 million advanced 7.7 percent from the 2001 period.
Cash flow -- earnings before interest, taxes, depreciation and amortization -- of $10.4 million was up 15 percent.
Herbst stock is privately held, but it has publicly traded debt.
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