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Thu, 08 May 2008

GTECH parent posts 23.1% rise in 1Q profit
ROME and PROVIDENCE – Lottomatica S.p.A. and subsidiary GTECH Corp. reported a first-quarter profit of $84.6 million (€55.4 million), an increase of 23.1 percent from the year-ago $69.2 million (€45 million), on total revenue that rose 3.2 percent to $691.2 million (€448.5 million). Earnings per share rose to 43 cents (€0.28) from the year-ago 35 cents (€0.23).

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