April 12 at 3:45 p.m.
Filed under:
Earnings,
Stock activity,
Updated
By Mary Ellen Podmolik
A machine at the offices of WMS Gaming, located at 3401 N. California in Chicago. (Phil Velasquez/Chicago Tribune)
Shares of Waukegan-based WMS Industries Inc. fell more than 17 percent Tuesday, a day after the slot-machine maker warned that its third-quarter earnings would miss Wall Street expectations.
After the market’s close Monday, WMS said sluggish demand for its slot machines meant it would likely earn 40 cents to 42 cents a share on revenue of $191 million to $193 million for its fiscal third quarter. Analysts surveyed by Bloomberg had predicted the company would earn 52 cents a share. Get the full story »
Nov. 1, 2010 at 5:31 p.m.
Filed under:
Earnings,
Manufacturing
By Associated Press
Gaming machine maker WMS Industries posted fiscal first-quarter earnings that were a penny above Wall Street’s expectations late Monday.
The Waukegan, Ill., company reported net income of $19.5 million, or 33 cents per share, on $187.5 million in revenue for the three months ended Sept. 30. That compares with net income of $19.8 million, or 34 cents per share, on $165.3 million in revenue in the same quarter last year.
Oct. 20, 2010 at 11:38 a.m.
Filed under:
Litigation,
Technology
By Reuters
Waukegan-based slot machine maker WMS Industries Inc. said its gaming unit filed a patent infringement lawsuit against a unit of smaller rival Bally Technologies Inc., seeking injunctive relief and unspecified damages.
Several of Bally Gaming’s products, including its Cash Spin product, infringe WMS patents covering WMS’ Transmissive Reels gaming concept and technology, WMS said in a statement. Get the full story »
Aug. 4, 2010 at 4:41 p.m.
Filed under:
Stock activity
By Associated Press
Shares of WMS Industries Inc. fell Wednesday, a day after the casino game maker issued a disappointing outlook that prompted at least one analyst to downgrade its shares. Late Tuesday, WMS said it earned $33.6 million, or 56 cents per share, during its fiscal fourth quarter, which ended in late June. That’s up from last year’s net income of $28.4 million, or 49 cents per share.
