IGT: Q4 Earnings Snapshot
By AP News
Published - Mar 12, 2024, 07:27 AM ET
Last Updated - Mar 12, 2024, 07:27 AM EDT
LONDON (AP) — LONDON (AP) — International Game Technology PLC (IGT) on Tuesday reported a loss of $7 million in its fourth quarter.
The London-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 56 cents per share.
The slot machine maker posted revenue of $1.13 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $1.11 billion.
For the year, the company reported profit of $156 million, or 77 cents per share. Revenue was reported as $4.31 billion.
