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Cloud Computing
May 29
Comment
Supply Vision, Inc., a leading provider of cloud-based transportation solutions for logistics companies, has partnered with FindMyFreight.com, a web-based shipment tracking aggregator. Supply Vision delivers innovative freight forwarding...
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.
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more ▼WIKI ANALYSIS
WIKI ANALYSISTOP CONTRIBUTORS
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%
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