A $19 million gain on remeasurement of euro-denominated debt helped Scientific Games post third-quarter income, reversing a year-earlier loss and top Wall Street forecasts. Revenue rose, boosted by gains across business segments, but missed forecasts.
In a statement Thursday, Scientific Games, a Las Vegas-based gaming equipment manufacturer, said net income was $18 million, or 15 cents per share, for the three months ended Sept. 30, reversing a year-earlier loss of $4 million, or $3.85 per share, a year earlier.