Playtech Limited (PTEC.L), a developer of unified software platforms and content for gaming industry, Tuesday reported a significant increase in gross income and revenue for the second quarter.
Gross income surged 82 percent to 88.1 million euros from 48.4 million euros in the same quarter last year.
Revenue jumped 99 percent to 78.64 million euros from 39.59 million euros.
Further, the company said daily activity for the first 31 days of the third quarter is 24 percent ahead of last year, but is 3 percent down from the preceding quarter.
Playtech's Chief Executive Mor Weizer said, "First half performance for 2012 has been very encouraging and all products, with the exception of poker, have achieved strong year-on-year growth...Although we anticipate a seasonal slowdown during the traditionally weaker summer months, I believe that the Company is well positioned to maintain the momentum into the rest of the year."
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by RTT Staff Writer
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