April 21, 2009 / 8:31 PM / 10 years ago

UPDATE 1-Slot maker WMS posts 30 pct rise in qtrly profit

* Net EPS 43 cts/share

* Revenue rises 4.6 percent

* Shares up 4 pct after hours

LOS ANGELES, April 21 (Reuters) - Slot machine maker WMS Industries (WMS.N) on Tuesday posted a 30 percent gain in quarterly net income as profit margins and revenue increased.

Shares of WMS rose 4 percent to $27.95 in extended trade after closing at $26.88 on the New York Stock Exchange before the earnings announcement.

Fiscal third-quarter profit rose to $24.4 million, or 43 cents per share, from $18.8 million, or 32 cents per share, in the year-ago quarter.

Analysts, on average, had expected a profit of 37 cents a share, according to Reuters Estimates.

The company said revenue for the quarter rose 4.6 percent to $180.8 million, beating the average $177.2 million forecast by Wall Street.

Looking ahead, the company said it expects fiscal fourth quarter revenue of $195 million to $203 million, which is above the average analyst estimate of $194.7 million.

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