International Game Tech (IGT) Tops Q3 EPS by 1c
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International Game Tech (NYSE: IGT) reported Q3 EPS of $0.28, $0.01 better than the analyst estimate of $0.27. Revenue for the quarter came in at $468 million versus the consensus estimate of $521.9 million.
"July saw the culmination of our process to evaluate strategic alternatives for IGT and our shareholders," said Patti Hart, IGT CEO. "We successfully balanced this effort during the third quarter with our focus on continuous improvement in our business evidenced by expanded gross margins and expected EPS performance. Our effective cost management has improved efficiencies in a challenging industry environment and has positioned us for future market opportunities."
For earnings history and earnings-related data on International Game Tech (IGT) click here.
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