InvestorsHub Logo
Post# of 596819
Next 10
Followers 82
Posts 2822
Boards Moderated 0
Alias Born 05/05/2006

Re: None

Friday, 06/30/2006 3:12:35 PM

Friday, June 30, 2006 3:12:35 PM

Post# of 596819
WPTE Poker.com BLOWOUT Q2 $11 MM sales: $10 soon


Earnings run starting this was $25 in 2005

Revenues for the second quarter of 2006 are expected to be in the range of $10.5 - $11.0 million. The Company expects to deliver the final ten episodes of Season IV of the WPT and nine episodes of Season I of the PPT in the second quarter of 2006. Additionally, the Company expects to deliver the first four episodes of Season V of the WPT and the remaining fourteen episodes of Season I of the PPT during the second half of 2006. Margins for the PPT will be higher in 2006 than in subsequent years as certain production costs have already been expensed. The Company expects to continue to maintain the current level of sales and marketing expenses related to its online gaming website, WPTonline.com, until it transitions to an improved technology platform.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.