SHFL Entertainment is a US Based gambling firm that has released their quarterly numbers. This quarter SHFL Showed that they have an increase of just around 17%.
The key financial indicators for this certain quarter numbers, revenue reached over $77.4 Million dollars for this particular quarter which is an incredible amount of money. Two of their sister companies also saw growth over the exact same period of time. These two companies are the Electronic Gaming Machine and the Proprietary Table Games. Both companies reached double digit growth. The recurring revenue that the casino had remained at eight percent which is $31 million. That means SHFL Had an increased profit of $36 million dollars in that quarter.
The Chief Financial Officer of the SHFL Company said that our diverse business will always continue to have some of the best financial results in the industry. Our most important issue will be and always has been the cash.