Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Scientific Games Corp. Stock Soared on Monday

TheMotleyFool

0 0

Why Scientific Games Corp. Stock Soared on Monday

Shares of casino and lottery gaming company Scientific Games (NASDAQ: SGMS) jumped as much as 24.5% on Monday after it reported its second-quarter financial results. The stock was up 24.2% at the time of this writing.

Scientific Games reported Q2 revenue of $766.3 million and a loss per share of $0.44. Both metrics were better than analysts were expecting. On average, analysts had forecast revenue of $733 million and a loss per share of $0.52.

Scientific Games' TwinStar 3RM interactive gaming. Image source: Scientific Games.

Source: Fool.com