Multimedia Games Hits Q2 Jackpot With More Slots
New games and expansion into new markets helped video slot machine developer Multimedia Games (MGAM) post second-quarter earnings sharply above analysts' forecasts. Shares surged 17% intraday in the stock market today to a multiyear high. The company said Q2 EPS climbed 29% to 31 cents, sharply above the 19 cents per share expected by analysts surveyed by Thomson Reuters. Revenue climbed 18% to $46.6 million, topping analysts' forecasts for $43.2
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