Multimedia Games Q1 Results Top Consensus

(RTTNews) - Multimedia Games Holding Company, Inc. (MGAM), a maker of gaming technology for the Native American and commercial casino markets, reported a rise in first-quarter earnings to $9.5 million, or $0.31 a share, from $7.1 million, or $0.24 a share, last year.

On an adjusted basis, earnings per share were $0.33 in the latest period. On average, 5 analysts polled by Thomson Reuters expected earnings per share of $0.30 for the quarter. Analysts' estimates typically exclude one-time items.

Revenue for the tri-monthly period was $59.2 million, versus $44.3 million a year earlier, while 4 analysts estimated revenues of $54.0 million for the quarter.