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Thursday, November 14, 2019

-=International Game Technology PLC (IGT) reported earnings on Thur 14 Nov 19 (b/o)



 Intl Game Tech. PLC misses by $0.08, reports revs in-line; affirms Adj-EBITDA guidance
  • Reports Q3 (Sep) earnings of $0.21 per share, excluding non-recurring items, $0.08 worse than the S&P Capital IQ Consensus of $0.29; revenues fell 0.2% year/year to $1.15 bln vs the $1.15 bln S&P Capital IQ Consensus.
  • Outlook:
    • Adjusted EBITDA of $1.675 - $1.735 billion remains unchanged
    • Updating capital expenditures to $450 - $500 million; previously $450 - $550 million

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