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International Game Technology Q2 adjusted earnings Beat Estimates

International Game Technology (IGT) revealed a profit for second quarter that declined from the same period last year.

The company's earnings came in at $4.86 million, or $0.02 per share. This compares with $161.50 million, or $0.79 per share, in last year's second quarter.

Excluding items, International Game Technology reported adjusted earnings of $90.70 million or $0.44 per share for the period.

Analysts had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.5% to $1.23 billion from $1.20 billion last year.

International Game Technology earnings at a glance:

-Earnings (Q2): $90.70 Mln. vs. $57.28 Mln. last year.
-EPS (Q2): $0.44 vs. $0.28 last year.
-Analysts Estimate: $0.28
-Revenue (Q2): $1.23 Bln vs. $1.20 Bln last year.

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