Correcting financial table for Paul-Son Gaming Corp.--(BUSINESS WIRE)--October 7, 1996-- In BW1082 (PAUL-SON-GAMING) reports improved first quarter results, the financial table for net income (loss) per share for the three months ended 8/31/95 should read xxx ($.03) sted $.03. The following is a corrected financial table:
PAUL-SON GAMING CORPORATION
Financial Highlights (Unaudited)
For the Three Months Ended
8/31/96 8/31/95
Revenues $6,042,758 $5,773,629
Cost of revenues:
Related party 229,977
Other 4,126,393 3,956,498
4,126,393 4,186,475
Gross profit 1,916,365 1,587,154
Selling, general and
administrative expenses 1,415,549 1,789,865
Operating income (loss) 500,816 (202,711)
Other income 19,722 51,948
Interest expense (13,394) (19,196)
Income(loss) before income taxes 507,144 (169,959)
Income tax benefit (expense) (185,108) 59,486
Net income (loss) $322,036 ($110,473)
Net income (loss) per share $.10 ($.03)
Weighted average common shares
outstanding 3,324,000 3,324,000
1996 This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which are subject to change. The actual results may differ materially from those described in any forward-looking statements. Additional information concerning potential factors that could affect the company's financial results are included in the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended May 31, 1996. CONTACT: PAUL-SON GAMING CORPORATION Eric ERIC Educational Research Information Clearinghouse ERIC Educational Resources Information Center ERIC ERISA Industry Committee ERIC Epidemiologic Research and Information Center (Durham, NC) P. Endy, 702/384-2425 or Porter porter: see beer. LeVay & Rose Inc. L. B. Stauffer, 212/564-4700 |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion