Key Developments: Global Cash Access Holdings Inc (GCA.N)
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Latest Key Developments (Source: Significant Developments)
Global Cash Access Holdings Inc Reaffirms FY 2013 Guidance
Global Cash Access Holdings Inc reaffirmed fiscal 2013 guidance and expects cash earnings per share (EPS) to be between approximately $0.74 and $0.83 (on diluted shares of approximately 67.2 million) and adjusted EBITDA to be between $70 million and $74 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.76 and EBITDA of $71 million for fiscal 2013. Full Article
Global Cash Access Holdings Inc Lowers Low End Of Prior FY 2013 EPS Guidance To A Range In Line With Analysts' Estimates; Reaffirms FY 2013 EBITDA Guidance
Global Cash Access Holdings Inc announced that for fiscal 2013, it expects cash earnings per share (EPS) to be between approximately $0.74 and $0.83 (on diluted shares of approximately 67.2 million) and adjusted EBITDA to be between $70 million and $74 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.82 and EBITDA of $73 million for fiscal 2013. Full Article
Global Cash Access Holdings Inc Sees FY 2012 Earnings Guidance At High End Of Prior Range; Issues FY 2013 Earnings Guidance Below Analysts' Estimates
Global Cash Access Holdings Inc announced that for fiscal 2012, it expects cash earnings per share to be at the high end of the range of the Company's prior outlook of $0.81 to $0.84 and Adjusted EBITDA to be at the high end of the range of the Company's prior outlook of $77.0 million to $80.0 million, respectively. For fiscal 2013, it expects cash earnings per share (EPS) to be between approximately $0.76 and $0.83 (on diluted shares of approximately 66 million) and adjusted EBITDA to be between $70 million and $74 million. According to I/BE/S Estimates, analysts on an average are expecting the Company to report EPS of $0.84 and EBITDA of $79 million for fiscal 2012; EPS of $0.87 and EBITDA of $81 million for fiscal 2013. Full Article
Global Cash Access Holdings Inc Raises FY 2012 Earnings Guidance-Conference Call
Global Cash Access Holdings Inc raised fiscal 2012 earnings per share (EPS) guidance from the previous $0.76-$0.82 to $0.81-$0.84, and adjusted EBITDA guidance from $73-$77 million to $77-$80 million. According to I/BE/S Estimates, analysts on an average are expecting the Company to report EPS of $0.81 and EBITDA of $79 million for fiscal 2012. Full Article
Global Cash Access Holdings Inc Announces CEO Change-Form 8-K
Global Cash Access Holdings Inc reported in its Form 8-K that On November 6, 2012, Scott Betts, Chief Executive Officer (CEO) of the Company, advised the Board of Directors of the Company of his intention to retire as Chief Executive Officer of the Company effective December 31, 2012. Mr. Betts will remain an employee of the Company in a strategic planning role through March 2013. Mr. Betts will continue to serve as a Board member of the Company following his retirement as Chief Executive Officer of the Company. David Lopez, President of the Company, will assume the role of Chief Executive Officer upon Mr. Betts’ retirement. Full Article
Global Cash Access Holdings Inc Announces Strategic Partnership with FutureLogic
Global Cash Access Holdings Inc's wholly owned subsidiary Global Cash Access Inc announced a strategic partnership with FutureLogic. The companies will work together on delivering cashless gaming solutions tightly integrated with current product offerings to expand ticketing solutions in North America. Full Article
Global Cash Access Holdings, Inc. Reaffirms FY 2012 Guidance
Global Cash Access Holdings, Inc. reaffirmed fiscal 2012 guidance and expects earnings per share (EPS) to be between approximately $0.76 and $0.82 and Adjusted EBITDA will be between approximately $73.0 million and $77.0 million. According to I/BE/S Estimates, analysts on an average are expecting the Company to report EPS of $0.79 for fiscal 2012. Full Article
Global Cash Access Holdings, Inc. Appoints David B. Lopez To Position Of President
Global Cash Access Holdings, Inc. announced the appointment of David B. Lopez to the position of President effective June 11, 2012. Chief Executive Officer (CEO), Scott Betts will remain in the Chief Executive position as well as continue to serve on the Company’s Board of Directors. Full Article
Global Cash Access Holdings, Inc. Reaffirms FY 2012 Earnings Guidance
Global Cash Access Holdings, Inc. reaffirmed fiscal 2012 and expects earnings per share (EPS) to be between approximately $0.76 and $0.82 and Adjusted EBITDA will be between approximately $73.0 million and $77.0 million. According to I/BE/S Estimates, analysts on an average are expecting the Company to report EPS of $0.79 for fiscal 2012. Full Article
Global Cash Access Holdings, Inc. Issues FY 2012 Earnings Guidance; EPS Guidance Above Analysts' Estimates
Global Cash Access Holdings, Inc. announced that for fiscal 2012, it expects earnings per share (EPS) to be between approximately $0.76 and $0.82 and Adjusted EBITDA will be between approximately $73.0 million and $77.0 million. According to I/BE/S Estimates, analysts on an average are expecting the Company to report EPS of $0.56 and EBITDA of $74 million for fiscal 2012. Full Article

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