Las Vegas Sun

March 18, 2024

Slot machine supplier says business is steady

Casino slot machine supplier WMS Industries Inc. today reported a higher quarterly profit and said it expects its business to remain steady this fiscal year despite a slowdown in orders affecting other game suppliers.

WMS, of Waukegan, Ill., said it earned $23.7 million or 41 cents per share in the fiscal second quarter ending Dec. 31. That included a one-time gain of $5 million or 5 cents per share. In last year's quarter, the company earned $16 million or 27 cents per share.

WMS, which sells gaming machines with themes like Monopoly, John Wayne and Wizard of Oz, said quarterly revenue increased 12 percent to $178.4 million.

The results were in line with analysts' published estimates.

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