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Thursday, March 7, 2019

=International Game Technology PLC (IGT) reported earnings on Thur 7 March 19 (b/o)

International Game Technology PLC operates and provides technology products and services across lotteries, electronic gaming machines, sports betting, and interactive gaming markets worldwide.
The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015.
Incorporated in 2014
HQ: London, the United Kingdom.
Sector: Consumer Cyclical
Industry: Gambling
Full Time Employees: 12,000

Intl Game Tech. PLC misses by $0.13, reports revs in-line
  • Reports Q4 (Dec) earnings of $0.24 per share, excluding non-recurring items, $0.13 worse than the S&P Capital IQ Consensus of $0.37; revenues fell 5.9% year/year to $1.27 bln vs the $1.27 bln S&P Capital IQ Consensus.
  • FY19 Guidance: 2019 Adjusted EBITDA $1.70 - $1.76 billion. Capital expenditures of $450 - $550 million

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