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ARGOSY POSTS 31% INCREASE IN REVENUES

Oct 24, 2001 10:22 PM

Argosy Gaming reported its third quarter revenues climbed 31% to $214.6 million, based partly on recent acquisitions.

The casino operator also posted net income of $17.2 million, or 58 cents per share, up from $13.1 million, or 45 cents, from a year earlier.

The company estimated fourth quarter earnings of 48 cents to 52 cents per share, and 2002 is projected with earnings of $2.90 to $3.05 per share.