International edition
September 26, 2020

Revenues increase and EBITDAS was positive in the fourth quarter 2010

Pokertek tablecount at record levels

(US).- PokerTek reported that tablecount, revenue and operating results improved for the quarter ended December 31, 2010. The company will release its fourth-quarter-2010 financial results before the market opens on Thursday, February 24, 2011.

M

ark Roberson, Chief Executive Officer and Chief Financial Officer, commented, "PokerTek continues to increase its installed base of gaming tables, ending the year at 253, which represents the highest level in PokerTek's history.  This produced increased revenues and an even greater increase in gross margins, driving improved ope rating results and positive EBITDAS. We are pleased with the progress and excited about our growth prospects with the expectation of continued market penetration of PokerPro and the imminent launch of our new Blackjack Pro? product."

PokerTek will release its fourth-quarter-2010 financial results before the market opens next February 24. A conference call and webcast will be held on February 24th at 11:00 AM EST for management to discuss the company's operating performance and strategy for 2011.

EBITDAS is defined as net loss before interest, taxes, depreciation, amortization, share-based compensation expense, and non-cash charges.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook