Thursday, International Game Technology (IGT) reported first-quarter net income of $73.3 million or $0.25 per share, compared to net income of $61.2 million or $0.21 per share in the same quarter last year.
On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.20 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter declined to $515.7 million from $601.6 million in the comparable quarter last year. Analysts expected the company to report revenue of $529.57 million for the quarter.
For comments and feedback: editorial@rttnews.com