Bally Technologies achieved record results for the fourth quarter and fiscal year ended June 30, 2009.
The company announced record fourth quarter and fiscal year diluted earnings per share of $0.58 and $2.22 on revenue of $205m and $883m for the three months and year ended June 30, 2009, respectively. Gaming operations revenues increased 17 per cent over last year to a record $275m and operating margin improved to a record 24 per cent form 22 per cent in the previous year.
“Despite the continued challenging economy, which has negatively impacted our customers’ capital spending, our diversified business model drove yet anther very profitable quarter,” said Richard M Haddrill, the company’s chief executive officer. “We also continued to build our recurring revenues to 48 per cent of total revenues in the fourth quarter versus 39 per cent in the same period last year.”
