Table Trac Posts 21c Q2 EPS as Revenue Jumps 81.5%
TBTC sits 35% above its 52-week low of $3.7 on elevated volume (4.1× avg).
Summary
Table Trac reported Q2 EPS of $0.21, a sharp swing from the prior year, on revenue that rose 81.5% to $4.24M. Net income jumped 594% to $1.0M, driven by six new system installs. The company also declared a $0.02 quarterly dividend and granted the CEO options on 100,000 shares at $4.51. Cash remains strong at $8.15M, though backlog has declined to one system. The EPS figure adds a per-share view to the strong top-line growth already disclosed in the 10-Q.
At the time of this announcement, TBTC was trading at $4.99 on OTC in the Trade & Services sector, with a market capitalization of approximately $23.2M. The 52-week trading range was $3.70 to $6.45. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.