LAS VEGAS (AP) _ Scientific Games Corp. (SGMS) on Monday reported second-quarter net income of $109 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Las Vegas-based company said it had profit of $1.10.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The instant-win lottery ticket maker posted revenue of $880 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $784.8 million.
Scientific Games shares have risen 54% since the beginning of the year. The stock has more than tripled in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SGMS at https://www.zacks.com/ap/SGMS
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