World Poker Tour Enterprises (WPTE) reported first quarter profits…that’s right, profits…of $3.6 million, or 17 cents a share. Analysts had predicted a loss of 2 cents per share. Perhaps if analysts had contacted Wicked Chops Poker about
Last year, WPTE lost about $1.6 million, or 8 cents a share, in the first quarter. This is what we call a "marked improvement."
WPTE claims that the growth of their television shows and the launch of their gaming site, WPTOnline.com, helped the company exceed expectations.