Table Trac nine-month net income to common stockholders more than doubles to $2.01 million; nine-month revenue rises 32% to $10.57 million
TBTC•Table Trac’s nine-month net income to common stockholders more than doubled year over year to $2.01 million, while revenue rose 32% to $10.57 million. In the third quarter, net income fell 35% to $38,219 as revenue increased 13% to $2.41 million.
1. Nine-month results
Table Trac reported nine-month net income to common stockholders of $2.01 million, more than double the year-earlier amount, and revenue of $10.57 million, up 32%. Third-quarter net income fell 35% year over year to $38,219, while revenue rose 13% to $2.41 million. CEO Randy Gilbert said revenue timing and mix continued to influence third-quarter profitability.
