International Game Technology (IGT) posted a fourth quarter loss of $21.3 million or $0.07 per share, compared to a profit of $52.1 million or $0.18 per share in the prior year period.
On average, 18 analysts polled by Thomson Reuters expected the company to report earnings of $0.17 per share. Analysts' estimates typically exclude special items.
Loss for the quarter included previously disclosed non-cash charges of $0.26 per share and restructuring expense of $0.01 per share.
Fourth quarter revenues totaled $283.2 million, compared to $331.0 million in the same quarter last year. Fifteen Wall Street analysts expected revenues of $497.89 million.
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