Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

PokerTek Q2 Loss Narrows

RELATED NEWS
Trade PTEK now with 
8/8/2012 12:55 PM ET

PokerTek Inc. (PTEK: Quote) Wednesday reported a narrower loss for the second quarter, due mainly to lower operating expenses.

The Matthews, North Carolina-based company's second-quarter net loss was $350 thousand or $0.05 per share, compared to $452 thousand or $0.07 per share last year.

Total revenues for the quarter dropped to $1.04 million from $1.50 million in the prior-year quarter.

Click here to receive FREE breaking news email alerts for PTEK Holdings Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Design software maker Autodesk, Inc. (ADSK) Thursday reported a 30 percent decline in earnings from last year, hurt by lower revenue and weaker margins. The company's quarterly earnings per share, excluding items, came in below analysts' expectations as did its quarterly revenue. At the same time,... Struggling PC maker Dell Inc. said Thursday after the markets closed that its first quarter profit dropped 79% from last year, as revenue declined and margins deteriorated amid sluggish demand for personal computers. The company's quarterly earnings per share, excluding items, also came in way below analysts' expectations, but its quarterly revenue beat analysts' forecast. Cisco Systems, Inc., the world's largest computer networking gear maker, said Wednesday after the markets closed that its third quarter profit rose 14.5% from last year, helped by higher sales and a tax benefit. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly sales.
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.