IGT: Q1 Earnings Snapshot
By Ap News
Published - May 14, 2024, 06:48 AM ET
Last Updated - May 14, 2024, 06:48 AM EDT
LONDON (AP) — LONDON (AP) — International Game Technology PLC (IGT) on Tuesday reported first-quarter earnings of $82 million.
The London-based company said it had profit of 40 cents per share. Earnings, adjusted for non-recurring costs, came to 46 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
The slot machine maker posted revenue of $1.07 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.03 billion.
