IGT (IGT) and FanDuel Group Strike Multi-Year Sports Betting and iGaming Agreement for Entire U.S. Market

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Go back to IGT (IGT) and FanDuel Group Strike Multi-Year Sports Betting and iGaming Agreement for Entire U.S. Market

International Game Tech (IGT) Tops Q2 EPS by 11c, Revenues Beat

August 4, 2020 6:48 AM EDT

International Game Tech (NYSE: IGT) reported Q2 EPS of ($0.59), $0.11 better than the analyst estimate of ($0.70). Revenue for the quarter came in at $637 million versus the consensus estimate of $482.25 million.

Results highlight value of diverse business portfolio, global reach, resilience of lottery, and swift response to unprecedented conditionsLiquidity and net debt improved on positive cash flow performance; generated $168 million in cash from operating activities and $107 million in free cash flow... More