Progressive Gaming predicts 2008 revenue growth
By
Associated Press
May 12, 2008
|
Progressive Gaming International Corp., a casino-management software provider, said Monday it expects revenue to rise 13 percent to 27 percent in 2008.
The company predicts revenue between $80 million and $90 million, while analysts polled by Thomson Financial predict revenue of $87.6 million.
The company also backed its outlook for adjusted earnings before interest, taxes, depreciation and amortization for the full year.
Shares rose 6 cents to $1.77 during aftermarket electronic trading, after closing up 2 cents at $1.71.
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