EmergingGrowth.com Reports on PokerTek, Inc. Emerging Growth Stock Pick

Informations

• Publié par: EmergingGrowth.com
• Nombre de lectures: 15
• Langue: English

Extrait

EmergingGrowth.com Reports on PokerTek, Inc. Emerging Growth Stock Pick

PR Newswire MIAMI, December 21, 2012

MIAMI,December 21, 2012/PRNewswire/ --

EmergingGrowth.com, a leading digital financial media company, Reports on PokerTek, Inc. (NASDAQ: PTEK)

Feature your company on EmergingGrowth.com.Click here to find out how.

PokerTek, Inc. (NASDAQ: PTEK), EmergingGrowth.com S tock Pick

Founded in 2003, PokerTek (NASDAQ: PTEK) develops and markets products for the gaming and amusement industries. We at EmergingGrowth.com feel that the company is in the right industry at the right time and is poised for explosive growth.

In the past week alone, the company papered three m ajor announcements and the stock is beginning to gain the respect of the investment community. They announced their Distribution network for Latin American Markets; the fact that their "Poker Pro" product, which represents over 17% annualized recurring revenue, is back on the floors in Mexico; and a 78% increase in Blackjack Pro tables inOntario, Canada.

PokerTek currently has approximately 8 million shares outstanding and has operated with greater than 70% gross margins two years running, and their momentum is driving 20% sequential quarterly growth. The company is expecting to turn EPS positive with their dominant position in, electronic Poker, as well as their growing presence in emerging markets such as Mexico and South American. The company will also be entering Macau for the first time.

PokerTek has reduced operating expenses by 29% from prior years as well as their head count in order to streamline operations and turn the company EPS positive.

Compared to its peers such as International Gaming Technology (NYSE: IGT) Bally Technologies (NYSE: BYI), SHFL Entertainment (NASDAQ:SHFL) and WMS Industries (NYSE: WMS), all trading at an average of about 18 times earnings, PokerTek's modest valuation makes it an attractive stock for investing as well as a potential future takeover target by one of the bigwigs.

About EmergingGrowth.com

By offering 100% original and unmatched content by the best financial reporters, writers and bloggers in the business, EmergingGrowth.com is emerging a leading digital financial media portal. Its services provide users, subscribers and advertisers with a variety of content and tools through a range of online, social media, mobile and other mobile outlets.

Since its inception, EmergingGrowth.com has distinguished itself from other financial media companies with its sly approach to reading between the lines in order to locate that needle in the haystack. Subscribe today to see what EmergingGrowth.com has to offer.

NEW: Feature your company on EmergingGrowth.com. Find out how by filling out our form at http://emerginggrowth.com/recommend-a-company-to-feature-on-emerging-growth

Join our LinkedIn Group

Like us on Facebook

Disclosure

All information contained herein as well as on theEmergingGrowth.comwebsite is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. From time to time,EmergingGrowth.comreceives compensation by the companies profiled in its e-mails, press releases or on its website. If any compensation is received it appears fully detailed in a "special disclosure" on our website as well as on any pages or emails where that company is located. Please check the "Special Disclosure" link (http://www.emerginggrowth.com/special-disclosure) and consult an investment professional before investing in anything viewed within. In addition, please make sure you read and understand theTerms of Use, Privacy Policy and theDisclosureposted on theEmergingGrowth.comwebsite. Always remember that investing in securities such as the ones listed within are for high-risk tolerant individuals only and not the general public. Whether you are an experienced investor or not, you should always consult with a stockbroker, financial advisor, or similar before purchasing or selling any securities viewed on any emails sent fromEmergingGrowth.comor its website.