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International Game Technology Announces Fall In Q1 Bottom Line

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

International Game Technology (IGT) reported a profit for first quarter that decreased from last year

The company's bottom line came in at $27 million, or $0.13 per share. This compares with $82 million, or $0.40 per share, last year.

Excluding items, International Game Technology reported adjusted earnings of $0.09 per share for the period.

The company's revenue for the period fell 11.8% to $583 million from $661 million last year.

International Game Technology earnings at a glance (GAAP) :

-Earnings: $27 Mln. vs. $82 Mln. last year.
-EPS: $0.13 vs. $0.40 last year.
-Revenue: $583 Mln vs. $661 Mln last year.

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