International Game Tech (IGT) Misses Q4 EPS by 68c

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Go back to International Game Tech (IGT) Misses Q4 EPS by 68c

INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

February 28, 2023 6:40 AM EST

Fourth Quarter 2022 Financial Performance Exceeded High End of Outlook:

Revenue of $1.1 billion propelled by 7% same-store sales growth in Global Lottery, a 21% increase in Global Gaming revenue, and record contribution from PlayDigital 24% increase in operating income to $230 million; operating income margin of 21%, up 340 basis points vs. PY on substantial increase in Global Gaming and PlayDigital profitability

Full Year 2022 Financial Performance Met High End of Outlook:

Revenue of $4.2 billion, up 3% as reported and 8% at constant currency, driven by strong Global Gaming and PlayDigital growth Record operating... More