Shuffle Master shares surge on 2nd-Q earnings beat

Shares of Shuffle Master surged after the casino equipment maker reported stronger-than-expected quarterly results. Shuffle Master said its fiscal 2nd-Q rose 50%. Strong sales of its card shuffler units & healthy lease revenue, as well as effective cost controls, helped boost its revenue, Todd Eilers of Roth Capital Partners LLC wrote. "Overall, Shuffle posted a strong quarter in a tough macro environment," Eilers said. Shuffle Master said profit for the quarter ended April 30 rose to $4.6 million, or 9