QUOTE AND NEWS
Benzinga  May 10  Comment 
WMS Industries (NYSE: WMS) announced that at a special stockholders' meeting held today, WMS stockholders approved the Agreement and Plan of Merger, dated January 30, 2013, with Scientific Games Corporation (NASDAQ: SGMS) providing for the...
Cloud Computing  May 9  Comment 
Supply Vision, Inc., a leading provider of cloud-based transportation solutions for logistics companies, has raised $1.4 million in a funding round led by Hyde Park Angels and the Invest Illinois Venture Fund. Supply Vision delivers innovative...
StreetInsider.com  May 6  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/WMS+Industries%2C+Inc.+%28WMS%29+Misses+Q3+EPS+by+12c/8308555.html for the full story.
StreetInsider.com  Mar 11  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Scientific+Games+%28SGMS%29%2C+WMS+%28WMS%29+Receive+Early+HSR+Termination+in+%241.5B+Deal/8174534.html for the full story.
Benzinga  Mar 7  Comment 
Williams Interactive LLC, a wholly owned subsidiary of WMS Industries Inc. (NYSE: WMS), announced today that the Company has entered into a multi-year online content licensing agreement with The Rank Group Plc., a...
Benzinga  Feb 20  Comment 
Williams Interactive LLC, a wholly owned subsidiary of WMS Industries Inc. (NYSE: WMS), announced today that the Company entered into an online content licensing agreement with Sky Betting & Gaming, the online betting...
Benzinga  Feb 4  Comment 
Stifel Nicolaus downgraded WMS Industries (NYSE: WMS) from Buy to Hold and removed the price target of $20.00. Stifel Nicolaus noted, "Given Scientific Games' (SGMS/Hold) pending offer to acquire WMS for $26 per share (announced on 1/31/13),...
Benzinga  Feb 1  Comment 
In a report published Friday, BMO Capital Markets reiterated its Market Perform rating on WMS Industries (NYSE: WMS), and raised its price target from $18.00 to $26.00. BMO Capital Markets noted, “The $26.00 per share acquisition represents a...
StreetInsider.com  Feb 1  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/UPDATE%3A+Goldman+Sachs+Upgrades+WMS+Industries+%28WMS%29+to+Neutral/8050336.html for the full story.
Benzinga  Jan 31  Comment 
Shares of WMS Industries (NYSE: WMS) are soaring on Thursday after the company agreed to be bought by Scientific Games (NASDAQ: SGMS). At last check, WMS had surged around 51.50 percent and was trading at $24.81. Shares of Scientific Games...




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WMS Industries (NYSE: WMS) was founded in 1974 and achieved great success in the pinball, video arcade and home video game markets. With a demonstrated track record as a company that could "make great games", video and software technology, and manufacturing facilities, WMS' foray into gamingwas a natrural progression for the corporation. WMS started out in the video lottery terminal (VLT) business in 1991. The company created, manufactured and placed VLT's in jurisdictions throughout North America. Since 1998, WMS has been engaged entirely in the manufacture, sale, leasing and licensing of gaming machines.

2007 Results

  • Total revenues grew 20% to $540 million
  • Revenues from product sales increased 21% and gross profit margin rose 340 basis points to 46%
  • Revenues from gaming operations grew 17% and gross profit margin increased 360 basis points to 79%
  • Operating income rose 51% to $74 million and operating margin increased 280 basis points to 14%

References

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