Reports Q3 revenue $587M, consensus $591.5M. “Our third-quarter and year-to-date performance underscores the strength and resilience of our business model marked by our scale, attractive margin structure, and strong cash generation,” said Vince Sadusky, CEO of IGT. “Over the first nine months, we generated $1.9 billion in revenue, led by steady Italy growth and improved third quarter trends in the U.S. We are excited to build upon a solid foundation as we transform into a leaner, more focused global lottery pure play and capitalize on attractive industry dynamics.”
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IGT:
- International Game Technology (IGT) Q3 Earnings Cheat Sheet
- International Game signs three-year contract with La Francaise des Jeux
- Bet On It: Light & Wonder issues update on Dragon Train injunction compliance
- International Game signs 10-year contract extension with NCEL
- International Game named FanDuel SPortsbook’s exclusive retail platform