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Wednesday, 05/06/2015 2:05:47 PM

Wednesday, May 06, 2015 2:05:47 PM

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Global Cash Access reports EPS in-line, revs in-line

4:17 PM ET 5/5/15 | Briefing.com
Reports Q1 (Mar) earnings of $0.22 per share, excluding non-recurring items, in-line with the Capital IQ Consensus Estimate of $0.22; revenues rose 37.8% year/year to $207.5 mln vs the $206.97 mln consensus.
Adjusted EBITDA increased $31.2 mln, or 161%, to $50.6 mln for the first quarter of 2015 compared to Adjusted EBITDA of $19.4 mln for the same period last year.FY15 Outlook: GCA today reiterated its estimated outlook for Adjusted EBITDA of between $218 mln and $228 mln in 2015. GCA continues to expect Games revenues to grow at double-digit levels and Payments revenues to grow at single-digit levels in 2015.

Should continue to perform nicely in the future! GLTA!!!

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