Record results for WMS in the fourth quarter
"Consistent increases in ship share and average selling price, coupled with the growing installed base and higher average revenue-per-day in our gaming operations business led to record revenue and earnings for the fourth quarter and full fiscal year," said Brian Gamache, chairman and chief executive officer. "WMS' fiscal 2010 fourth quarter operating performance including record top and bottom-line results, improved margins and growth in other key performance metrics were achieved despite a still-sluggish replacement market and lower spend-per-visit by casino patrons in many markets."
WMS also announced plans to increase investments in internal, organic growth initiatives of more than us$ 50 million and a new us$ 300 million, three-year stock repurchase authorization.
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