FNET FortuNet, Inc. featured news, full reports, and detailed charts
FortuNet, Inc. (FNET) Wrap Up:
We are a designer, manufacturer, and field service provider of multi-game and multi-player server-based gaming platforms. Our gaming platforms include networks of both wireless and stationary player terminals, cashier-based point of sale, or POS, terminals, self-service POS kiosks and game file servers that conduct and control bingo games. Our gaming platforms have been adapted to conduct traditional casino games, such as keno, poker and slots, in addition to bingo. We believe that our field-proven mobile gaming platform is in compliance with the regulations promulgated under Nevada’s new mobile gaming law, AB 471, or the Nevada Mobile Gaming Law, as adopted by the Nevada Gaming Commission. We submitted our wireless gaming platform for review by the Nevada gaming authorities in 2006. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f26%2f0001171843-08-000217.html#FIS_BUSINESS"FortuNet, Inc (FNET*(D):NASDAQ)
Snapshot of FortuNet, Inc (FNET)
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OPEN
$1.24
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PREVIOUS CLOSE
$1.27
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DAY HIGH
$1.29
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DAY LOW
$1.24
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52 WEEK HIGH
12/17/08 - $5.00
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52 WEEK LOW
07/14/09 - $0.98
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MARKET CAP
14.1M
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AVERAGE VOLUME 3 mo
13.3K
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DILUTED EPS TTM
$0.05
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SHARES OUTSTANDING
11.1M
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FNET Does Not Pay Dividends
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P/E TTM
27.7x
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| K = Thousands M = Millions B = Billions | ||
FNET Top Compensated Officers
Executives, Board Directors
Key developments for FortuNet, Inc (FNET)
FortuNet, Inc expected to Report Fiscal Year 2009 Results on March 8, 2010. This event was calculated by Capital IQ (Created on November 13, 2009).
FortuNet, Inc. reported sales results for the second quarter ended September 30, 2009. For the quarter, the company's revenue slightly increased during the quarter as compared to the same quarter in the prior year. Specifically, for the quarter ended September 30, 2009 the sales were $3.947 million as compared with the sales of $3.922 million for the same quarter of last year, an increase of approximately 0.6%. However due primarily to the non-cash write-off of previously capitalized software development costs in the amount of $1.685 million, the company lost 7 cents per share for the current quarter as compared to 5 cents of earnings per share for the same quarter of the previous year.
FortuNet, Inc. announced that it has withdrawn its application with the Nevada State Gaming Control Board for the approval of the company's current mobile gaming system for traditional casino games, such as poker, keno and slots.
FNET Competitors
| Company | Last | Change |
| GameTech International Inc | $1.39 USD | +0.0099 |
| International Game Technology | $19.44 USD | -0.13 |
| Phantom Fiber Corp | $0.0007 USD | 0.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | FNET | Industry Range |
| Price/Earnings | 7.6x |
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| Price/Sales | 0.9x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | 7.5x |
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| TEV/Sales | 0.5x |
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FNET |
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