Bally Technologies (BYI) Q3 2012 Earnings Call April 26, 2012 4:30 pm ET Executives Richard M. Haddrill - Chief Executive Officer and Executive Director Neil P. Davidson - Chief Financial Officer, Senior Vice President, Principal Accounting Officer and Corporate Treasurer Ramesh Srinivasan - President and Chief Operating Officer Analysts Steven E. Kent - Goldman Sachs Group Inc., Research Division Steven M. Wieczynski - Stifel, Nicolaus & Co., Inc., Research Division Joseph Greff - JP Morgan Chase & Co, Research Division Carlo Santarelli - Deutsche Bank AG, Research Division Mark Strawn - Morgan Stanley, Research Division Todd Eilers - Roth Capital Partners, LLC, Research Division William J. Lerner - Union Gaming Group, LLC Darnel J. Bentz - KeyBanc Capital Markets Inc., Research Division Ryan L. Worst - Brean Murray, Carret & Co., LLC, Research Division Joel H. Simkins - Crédit Suisse AG, Research Division PresentationOperator
Good day, ladies and gentlemen, and welcome to the Third Quarter 2012 Bally Technologies, Inc. Earnings Conference Call. As a reminder, this conference is being recorded for replay purposes. [Operator Instructions] I would now like to turn the presentation over to Mr. Richard Haddrill, Chief Executive Officer. Please proceed, sir. Richard M. Haddrill Welcome, everyone, to Bally Technologies' Third Quarter Fiscal 2012 Earnings Call. Today's results mark an all-time quarterly record for diluted earnings per share from continuing operations, record third quarter revenues and our fifth consecutive quarter of year-over-year revenue and earnings per share growth. Revenues from all 3 of our sources again increased with approximately 53% percent of third quarter revenue being recurring in nature, which continues to support earnings visibility. We set revenue records in each of the last 5 quarters for gaming operations, driven by the significant investments we have made in our game development studios over the past few years.