International Game Technology: Q1 Earnings Insights

Shares of International Game Technology IGT moved higher by 1.0% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 33.33% over the past year to $0.08, which beat the estimate of $0.04.

Revenue of $940,195,000 declined by 17.89% from the same period last year, which missed the estimate of $1,010,000,000.

Outlook

Intl Game Tech hasn't issued any earnings guidance for the time being.

Intl Game Tech hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 18, 2020

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/wtwoctze

Price Action

52-week high: $16.25

52-week low: $3.59

Price action over last quarter: down 27.16%

Company Profile

International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Its portfolio of gaming technology products and services includes lottery management services, online and instant lottery systems, gaming systems, instant ticket printing, electronic gaming machines, sports betting, digital gaming, and commercial services. It has four business segments operating in three regions: North America Gaming and Interactive, North America Lottery, International, and Italy.