Sales cycles tend to be long in our industry with new installations occurring only after regulatory diligence, contractual and project planning hurdles are cleared. June was one of the busiest months we have ever experienced, resulting in 262 net new gaining positions at 13 distinct locations for the quarter. Those installations will begin to contribute more visibly to our financial results starting in the third quarter.In addition, our visibility into the second half has improved with over 225 new gaming positions already booked and scheduled for Q3, plus additional installations working their way through the planning process. The expected growth in these gaming positions will further enhance our market position, driving recurring revenue growth and financial performance for the second half and into 2013.
PokerTek's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts