WMS Industries Inc. (NYSE: WMS), which last week announced it was being bought by Scientific Games Corp. for $1.5 billion, reported its fiscal second-quarter earnings dropped to $4.3 million, or 8 cents per share, compared with $16. 1 million, or 29 cents per share, a year earlier. The Waukegan-based maker of gaming machines and video lottery terminals said revenue fell 3 percent to $157.5 million.
Hats off to the boys in charge - Way to continue to lose money and wreck the company while laughing all the way to the bank. Corporate greed knows no bounds.