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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Galaxy Gaming Inc (QB) | USOTC:GLXZ | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.03 | -1.94% | 1.52 | 1.42 | 1.73 | 1.53 | 1.4625 | 1.53 | 144,305 | 21:53:20 |
Financial Highlights
Q-3 2013 vs. Q-3 2012
Q-3 2013 vs. Q-2 2013
9 months 2013 vs. 9 months 2012
Executive Comments
"This marks the ninth consecutive quarter of growth in our recurring revenues," said Galaxy's CFO Gary A. Vecchiarelli. "While we experienced our first net loss in six consecutive quarters, this was primarily attributable to one-time regulatory costs and a non-cash impairment of an intangible asset related to the California territory. We do not see this trend continuing."
"Achieving the $2 million dollar milestone for the quarter was an important step in our continued growth strategy," said Robert B. Saucier, Galaxy Gaming's CEO. "This was accomplished even though some anticipated revenue increases were carried over to the fourth quarter. In addition, we were hit with significant one-time expenses this quarter, yet still managed to show strong EBITDAS and a miniscule loss for the period. As a result, Galaxy Gaming emerges stronger at the end of the quarter than the beginning and we can now focus exclusively on profit-making opportunities, which we continue to seize in both domestic and international markets. In the wake of our successful G2E conference in September and our upcoming Raving Table Games Conference next week, we remain focused on our core strategy and continuing commitment to provide our innovative products to a rapidly growing market segment."
Conference Call
The Company will host an investor conference call to discuss its financial and operating results.
When: Thursday, November 14th at 1:00pm Pacific Time (4:00pm Eastern) |
US/Canada: (888) 576-4398 |
International: (719) 325-2244 |
Conference ID: 5006070 |
Web Presentation: www.galaxygaming.com/investor-relations |
About Galaxy Gaming
Headquartered in Las Vegas, Galaxy Gaming (www.galaxygaming.com) develops, manufactures and distributes innovative proprietary table games, state-of-the-art electronic wagering platforms and enhanced bonusing systems to land-based, riverboat, cruise ships and online casinos worldwide. Through its iGaming partner, Games Marketing, Ltd., Galaxy Gaming licenses its proprietary table games to the online gaming industry.
CONTACT: Jonathan Wilcox (702) 939-3254
1 Year Galaxy Gaming (QB) Chart |
1 Month Galaxy Gaming (QB) Chart |
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