Bally Technologies reported flat earnings for the fourth quarter of 2013, but according to a report in the Las Vegas Review-Journal, if the 37 days of the year remaining after the acquisition of table supplier SHFL entertainment were expanded to cover the entire quarter, earnings would have doubled over 2012’s fourth quarter.
The company reported operating income of $44.5 million, down from $56.6 million in the same quarter a year ago. Earnings per share were 54 cents, down from 80 cents per share in the third quarter of 2013.
When adjusted to account for SHFL, Bally’s earnings per share were $1.06. Revenue for quarter increased 20 percent to $285 million.
“While more work remains to be done, we are off to a terrific start and are tracking ahead of our synergy targets,” Bally CEO Ramesh Srinivasan told the newspaper.
