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International Game Technology PLC(IGT) - 2024 Q1 - Earnings Call Presentation
2024-05-14 12:07
Period ended March 31, 2024 1 CautionaryStatementRegardingForward-LookingStatements This presentation may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the “Company”) and other matters, including with respect to the separation and merger transaction and the prospects of the parties to the transactions thereafter. These statements may discuss goals, inten ...
INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FIRST QUARTER 2024 RESULTS
Prnewswire· 2024-05-14 10:40
Revenue of $1.07 billion, up 1% from the prior year, driven by strong Global Lottery growth, partially offset by timing of Gaming & Digital product sales Operating income of $256 million in line with the prior year while operating income margin of 24.0% exceeded expectations by approximately 400 basis points; excluding Separation & divestiture costs, operating income increased 7% to a record $273 million and the margin expanded 150 basis points Adjusted EBITDA of $443 million and Adjusted EBITDA margin o ...
Curious about IGT (IGT) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-09 14:16
Wall Street analysts forecast that International Game Technology (IGT) will report quarterly earnings of $0.29 per share in its upcoming release, pointing to a year-over-year decline of 40.8%. It is anticipated that revenues will amount to $1.03 billion, exhibiting a decline of 2.7% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 0.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, ...
IGT and Holland Casino Upgrade Video Poker Across the Netherlands with 500 PeakBarTop Cabinets
Prnewswire· 2024-05-08 20:31
LONDON, May 8, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it is modernizing video poker across the Netherlands with a 500-unit deployment of PeakBarTop™ cabinets at Holland Casino gaming venues throughout the region. This multi-phase installation started in 2023 and once complete, will account for the largest PeakBarTop installation in Europe. "IGT's PeakBarTop cabinets have elevated the aesthetic of Holland Casinos' gaming floors and introduced a new lev ...
IGT to Launch Cloud-Based iLottery Solutions for Atlantic Lottery in Canada
Prnewswire· 2024-05-08 10:45
Company signs five-year contract with Lottery to deploy advanced remote game server and compelling digital instants LONDON, May 8, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that its subsidiary, IGT Global Solutions Corporation, has signed a five-year contract with the Atlantic Lottery Corporation ("Atlantic Lottery"), to implement high-performing features and exciting new games for players in Atlantic Canada. As part of the agreement, IGT will deploy its adva ...
Earnings Preview: International Game Technology (IGT) Q1 Earnings Expected to Decline
Zacks Investment Research· 2024-05-07 15:01
Wall Street expects a year-over-year decline in earnings on lower revenues when International Game Technology (IGT) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 14, 2024, might help the stock move higher if these key numbers are bett ...
Acres and IGT to Resolve all Pending Litigation
Prnewswire· 2024-04-16 13:45
LAS VEGAS, April 16, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) and Acres 4.0, Acres Manufacturing Company, and John Acres ("Acres") announced today that effective April 16, 2024, they have reached an agreement to resolve all legal disputes between the two companies. Terms of the settlement have not been announced. The resolution was reached in the United States District Court of Nevada, directed to United States patents that pertain to facilitating use of a financial transac ...
IGT and Acres to Resolve all Pending Litigation
Prnewswire· 2024-04-16 10:45
LONDON, April 16, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) and Acres 4.0, Acres Manufacturing Company, and John Acres ("Acres") announced today that effective April 12, 2024, they have reached an agreement to resolve all legal disputes between the two companies. Terms of the settlement have not been announced. The resolution was reached in the United States District Court of Nevada, directed to United States patents that pertain to facilitating use of a financial transactio ...
International Game Technology PLC to Host First Quarter 2024 Results Conference Call on Tuesday, May 14, 2024
PRNewsWire· 2024-04-11 20:31
LONDON, April 11, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast to discuss first quarter 2024 results for the period ended March 31, 2024 on Tuesday, May 14, 2024.Conference call details:Tuesday, May 14, 20248:00 a.m. EDTConference call registration: Participants are encouraged to pre-register for the conference call by clicking here. Upon registering, participants will receive a dial-in number and unique PIN.Webcast registration: A li ...
IGT Introduces Compelling Core Video and Class II Games for Tribal Casinos at Indian Gaming Tradeshow & Convention 2024
Prnewswire· 2024-04-02 10:45
"Each year, IGA presents a productive environment for IGT to connect with our valued tribal gaming customers, honor their vital role in gaming innovation and evolution, and showcase our latest games and solutions designed to help them achieve growth," said Nick Khin, IGT Chief Operating Officer, Gaming. "Our IGA 2024 portfolio will feature new core video games such as Rising Rockets™ and Split 'N Win Link™, a Class-II version of Mystery of the Lamp and the highly anticipated Tiger and Dragon multi-level pro ...