International Game Technology Reaffirms FY22 Revenue Outlook - Update

While reporting financial results for the first quarter on Tuesday, International Game Technology Plc (IGT) said it expects revenues for the second quarter between $1.0 billion and $1.1 billion and reaffirmed its revenue outlook for the full-year 2022 in the range of $4.1 billion to $4.3 billion.

On average, analysts polled by Thomson Reuters expected the company to report revenues of $1.04 for the quarter and $4.17 billion for the year.

The Company's Board of Directors also declared a quarterly cash dividend of $0.20 per common share, payable on June 7, 2022 to shareholders on record on May 24, 2022.

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