Table Trac, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 09:51 am EST
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Table Trac, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 2.3 million compared to USD 1.45 million a year ago. Net income was USD 0.290126 million compared to USD 0.186811 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.04 a year ago.
For the nine months, sales was USD 8.11 million compared to USD 5.07 million a year ago. Net income was USD 1.31 million compared to USD 0.956453 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.21 a year ago.
Table Trac Inc. designs, develops, and sells casino information and management systems. The Company has systems installed in North, South, and Central America, as well as Australia and the Caribbean. The Company has developed an information and management system (Table Trac system) that automates and monitors the operations of casino table game operations. In addition to its table games management system, the Company adds functionality to related casino system modules for guest rewards and loyalty club, marketing analysis, guest service, promotions, administration / management, vault / cage management and audit / accounting tasks. Aggregated together, all of these modules become the Casino Trac product, Casino Management System (CMS). It sells and leases systems and technical support to casinos. The open architecture of the Table Trac system is designed to provide operators with a scalable and flexible system that can interconnect and operate with third-party software or hardware.
TABLE TRAC, INC. 
