Casino equipment maker Bally Technologies Inc. said Monday its fiscal third-quarter profit more than quadrupled as gaming equipment and systems and gaming operations revenue climbed.
Shares of Bally rose $1.80, or 4.9 percent, to $38.60 in after-hours trading, after finishing regular trading up $1.14, or 3.2 percent, at $36.80. The stock has ranged from $22.65 to $52.83 over the past year.
For the quarter ended March 31, Bally earned $30.2 million, or 52 cents per share, compared with $6.6 million, or 12 cents per share, in the year-ago quarter.
On an adjusted basis, Bally earned 56 cents per share in the latest quarter.
Revenue rose to $232.6 million from $175.2 million.
Analysts polled by Thomson Financial expected a profit of 48 cents per share on $231 million in revenue. Analyst estimates generally exclude special items.
Bally reported gaming equipment and systems revenue rose 36.7 percent to $160.6 million, while gaming operations revenue rose 31.9 percent to $59 million.
The company said the gaming equipment unit shipped more than 7,300 sale units during the period, including a number of sale units that were not recognized in revenue in the quarter.
Bally also said international units grew to 25 percent of all sale units during the period.
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