International Game Technology

International Game Technology PLC engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. It operates through the Global Lottery, Global Gaming, and Digital & Betting segments. The Global Lottery segment has responsibility for the worldwide traditional lottery and iLottery business, including sales, operations, product development, technology, and support. The Global Gaming segment includes iGaming, sports betting, sales, product management, studios, global manufacturing, operations, and technology. The Digital & Betting segment has full responsibility for the worldwide iGaming and sports betting activities. The company was founded on July 11, 2014 and is headquartered in London, the United Kingdom.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

IGT reports robust Q4 earnings, eyes growth and investment-grade rating

IGT's Q4 2022 performance showcased financial strength, operational excellence, and market leadership across lotteries, gaming, and digital segments.
While facing challenges like supply chain issues and cost inflation, the company aims for continued growth, improved margins, and investment-grade rating aspirations.
Opportunities lie in revenue expansion, cash flow generation, and strategic capital allocation, positioning IGT for sustained success and shareholder value creation.

IGT reports robust Q1 earnings, eyes M&A and global expansion

IGT's Q1 performance reflects strong revenue growth and margin improvement across key segments, underpinning a positive outlook for the full year.
While facing challenges such as rising labor costs and inflation, IGT remains focused on leveraging opportunities in M&A, product innovation, and market expansion.
The company's innovative product offerings, successful games, and strategic initiatives position it well for sustained growth and value creation in the evolving gaming industry landscape.
With a robust balance sheet, liquidity, and a proactive approach to addressing challenges, IGT demonstrates resilience and adaptability in navigating market dynamics and driving long-term success.

IGT reports strong Q2 earnings, evaluates strategic alternatives for growth

IGT's Q2 2023 earnings call highlighted solid financial performance, with revenue growth and margin improvement. The company is progressing towards its 2025 financial targets and remains focused on strategic initiatives to unlock business value. Despite challenges in the Global Lottery segment, IGT is optimistic about growth opportunities and is actively evaluating strategic alternatives.

IGT posts strong Q3 results, eyes growth amid strategic reviews

IGT's Q3 earnings call highlighted robust financial performance, strategic evaluations in progress, and a focus on growth, innovation, and meeting 2025 targets. Despite challenges in PlayDigital revenue and ongoing strategic reviews, the company remains well-positioned to capitalize on opportunities in the Lottery and Gaming sectors.

IGT reports record-breaking earnings, plans strategic spin-off and merger

IGT delivered strong financial performance in Q4 2023, achieving record-breaking results and demonstrating growth across key segments.
The company's strategic initiatives, including the planned spin-off and merger with Everi, highlight a focus on unlocking portfolio value and optimizing business operations.
While facing challenges in specific markets and potential industry slowdowns, IGT remains optimistic about revenue growth and profitability through international expansion and innovation.
With a solid financial foundation, a focus on talent and technology, and a commitment to long-term growth, IGT is well-positioned to navigate market challenges and capitalize on emerging opportunities.

IGT surpasses Q1 revenue expectations, eyes growth amid challenges

IGT's Q1 2024 showcased robust financial performance, driven by strong revenue growth and margin expansion across key segments.
Despite challenges like weather impacts and ongoing Italy Lotto license tender, the company remains optimistic about future growth prospects.
With upgraded revenue outlook, successful game development, and stable digital business, IGT is poised for continued success in 2024.

IGT sells gaming business, focuses on lottery growth and innovation

IGT's Q2 performance was marked by the sale of gaming and digital business, strong lottery segment growth, and positive outlook for future growth. Despite challenges in sale completion and Italy Lotto renewal, the company remains focused on leveraging opportunities for expansion and maintaining financial stability.

IGT reports solid Q3 performance amidst global sales decline

IGT's Q3 2024 performance reflects solid revenue and EBITDA figures, driven by continuing operations and successful game launches.
While facing challenges in global same-store sales decline, the company demonstrated strengths in lottery industry leadership and iLottery sales growth.
Opportunities lie in optimizing operations post-sale, expanding digital gaming offerings, and leveraging increased production capacity for future growth.
IGT's strategic focus on cost optimization and growth initiatives positions the company well to navigate market challenges and drive long-term success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

International Game Technology PLC engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. It operates through the Global Lottery, Global Gaming, and PlayDigital segments. The Global Lottery segment has responsibility for the worldwide traditional lottery and iLottery business, including sales, operations, product development, technology, and support. The Global Gaming segment includes iGaming, sports betting, sales, product management, studios, global manufacturing, operations, and technology. The PlayDigital segment has full responsibility for the worldwide iGaming and sports betting activities. The company was founded in 1990 and is headquartered in London, the United Kingdom.

Apollo Global Management

LONDON, May 11, 2021 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") announced that on May 10, 2021 its wholly-owned subsidiary, IGT Lottery S.p.A. (formerly Lottomatica Holding S.r.l.

International Game Technology PLC Announces Completion Of Sale Of Italian B2C Gaming Business

LONDON, May 6, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its high-performing, previously lease-only, PeakSlant49™ cabinet is now available for purchase throughout the U.S. This move gives casino operators across the U.S. the opportunity to own the PeakSlant49 cabinet and offer IGT's Proven Performer core games on dazzling, premium-caliber hardware. "We're excited to introduce Stinkin' Rich® Skunks Gone Wild along with high-performing games including Regal Riches and Scarab Link on the spectacular PeakSlant49 cabinet," said Nick Khin, IGT Chief Operating Officer, Gaming.

IGT's PeakSlant49 Cabinet Now Available for Purchase with High-Performance Core Video Content

LONDON, May 3, 2021 /PRNewswire/ -- International Game Technology PLC (IGT) (NYSE: IGT) announced that Walter Bugno, Executive Vice President of New Business and Strategic Initiatives, has resigned to pursue a new professional opportunity. Mr. Bugno will continue in his current position until May 14, 2021.

IGT Announces Resignation of Walter Bugno, Executive Vice President of New Business and Strategic Initiatives

LONDON, April 27, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast to discuss first quarter 2021 results for the period ended March 31, 2021 on Tuesday, May 11, 2021. Conference call details: Tuesday, May 11, 2021 8:00 a.m.

International Game Technology PLC to Host First Quarter 2021 Results Conference Call on Tuesday, May 11, 2021

LONDON, April 21, 2021 /PRNewswire/ -- On April 20, 2021, Beatrice H. Bassey notified International Game Technology PLC (the "Company") of her intention not to stand for re-election as a member of the Company's Board of Directors.

International Game Technology PLC Announces Upcoming Departure of Beatrice H. Bassey from Board of Directors

LONDON, April 20, 2021 /PRNewswire/ -- International Game Technology PLC (IGT) (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation (hereinafter "IGT"), was awarded a long-term contract from the Maryland Lottery and Gaming Commission to upgrade the video lottery central system that connects more than 11,500 video lottery terminals (VLTs) and electronic table games (ETGs) across the State's six casinos. The contract runs through September 2028 and includes the option to extend for up to an additional four years.

IGT Demonstrates Continued Video Lottery Leadership with Maryland Systems Agreement

LONDON, April 1, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced the release of its Notice of the 2021 Annual General Meeting ("AGM") and 2020 Annual Report and Accounts for the period from January 1, 2020 to December 31, 2020. IGT provided information for the AGM, which will be held at IGT's Registered Office, Marble Arch House, 66 Seymour Street, Second Floor, London, W1H 5BT, on May 11, 2021, at 3:00 p.m.

International Game Technology PLC Releases Notice of 2021 Annual General Meeting and 2020 Annual Report and Accounts

LONDON, March 25, 2021 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") today announced the satisfaction of the conditions to the redemption of its 6.250% Senior Secured Notes due 2022 (Regulation S ISIN/CUSIP USG4863AAB47/G4863A AB4 and Rule 144A ISIN/CUSIP US460599AB91/460599 AB9) in full on March 26, 2022 including the completion of the sale of its $750,000,000 4.125% Senior Secured Notes due 2026. About IGT IGT (NYSE:IGT) is the global leader in gaming.

International Game Technology PLC Announces Satisfaction Of Conditions For Redemption Of Its 6.25% Notes Due 2022 In Full

LONDON, March 24, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that Kim Barker Lee, IGT Vice President, Diversity and Inclusion, was recently named to the National Diversity Council's list of Top 100 Diversity Officers. The Top 100 Diversity Officers awards program recognizes the efforts of individuals who have the leadership and counsel to advance diversity and inclusion initiatives, and provide innovative solutions that strategically prioritize the preservation and advocation for diverse talent in the workplace.

IGT's Kim Barker Lee Named to National Diversity Council's 2021 List of Top 100 Diversity Officers

LONDON, March 16, 2021 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") today announced the successful pricing of $750,000,000 4.125% Senior Secured Notes due 2026 (the "Notes"). Application has been made for the Notes to be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.

International Game Technology PLC Announces Successful Pricing Of $750,000,000 Of Senior Secured Notes Due 2026 And Notice Of Redemption Of All Of Its 6.250% Notes Due 2022

LONDON, March 16, 2021 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") today announced a benchmark offering of senior secured notes denominated in U.S. dollars due 2026 (the "Notes"), subject to customary market and closing conditions (the "Offering"). Application has been made for the Notes to be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.

International Game Technology PLC Announces A Benchmark Offering Of Senior Secured Notes Due 2026

International Game Technology PLC (IGT) CEO Marco Sala on Q4 2020 Results - Earnings Call Transcript

LONDON, March 2, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today reported financial results for the fourth quarter and full year ended December 31, 2020. Today, at 8:00 a.m. EST, management will host a conference call and webcast to present the results;...

International Game Technology PLC Reports Fourth Quarter And Full Year 2020 Results

Scientific Games

LONDON and LAS VEGAS, March 1, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) and Scientific Games Corporation ("Scientific Games") (NASDAQ: SGMS), today announced that they have signed a cross-licensing agreement for patents related to cashless slot gaming...

IGT and Scientific Games Sign Cross-Licensing Agreement for Cashless Gaming Intellectual Property

On Tuesday, March 02, International Game Tech (NYSE:IGT) will release its latest earnings report. Here is Benzinga's outlook for the company.

International Game Tech Earnings Preview

LONDON, March 1, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has successfully rolled out the highly anticipated Wheel of Fortune® Megaways™ slots game on IGT PlayDigital's online game delivery platform. Wheel of Fortune Megaways first...

IGT PlayDigital Announces Highly Successful Rollout of Wheel of Fortune® Megaways™ Slots Game

LONDON, Feb. 23, 2021 /PRNewswire/ -- International Game Technology PLC (IGT) (NYSE: IGT) announced that it is replacing a competitor's system with its state-of-the-art IGT ADVANTAGE® Casino Management System (CMS) at the iconic Circus Circus hotel and casino on the Las Vegas Strip in...

IGT ADVANTAGE Casino Management System to Modernize the Gaming Experience at Circus Circus

LONDON, Feb. 17, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast to discuss fourth quarter and full year 2020 results for the period ended December 31, 2020 on Tuesday, March 2, 2021. Conference call details: Tuesday,...

International Game Technology PLC to Host Fourth Quarter and Full Year 2020 Results Conference Call on Tuesday, March 2, 2021

LONDON, Feb. 16, 2021 /PRNewswire/ -- International Game Technology PLC (IGT) (NYSE: IGT) announced that its subsidiary, IGT México Lottery, S. de R.L. de C.V. ("IGT"), has extended its agreement with La Lotería Nacional para la Asistencia Pública ("LOTENAL"), Mexico's national lottery,...

IGT Drives Evolution of Lottery in Mexico through Extension of Full-Service Contract with LOTENAL

LONDON, Feb. 11, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it recently expanded its position in the growing historical horse racing (HHR) segment with the Company's first historical racing machine (HRM) deployments in Virginia. Through...

IGT Expands World-Class Content and Hardware Footprint with Historical Racing Machine Deployments in Virginia

LONDON, Feb. 1, 2021 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced that its subsidiary, IGT Global Solutions Corporation (hereinafter "IGT"), has signed a four-year contract extension with the Kentucky Lottery Corporation to continue providing its iLottery...

IGT Adds Engaging iLottery Games to Kentucky Lottery Corporation's Portfolio via Four-Year Contract Extension

LONDON, Jan. 27, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its PlaySports platform is powering FanDuel Group's recently launched FanDuel Sportsbook mobile app in Virginia. IGT and FanDuel Group have teamed up to deliver...

IGT's Industry-Leading PlaySports Platform Powers FanDuel SportsBook Mobile App in Virginia

LONDON, Jan. 26, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its PlaySports platform is powering the recently launched FanDuel Sportsbook mobile app in Michigan, the latest U.S. state to introduce regulated online sports betting and...

IGT and FanDuel Group Bring Omnichannel Sports Betting to Michigan via Launch of FanDuel Sportsbook App

LONDON, Jan. 22, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its subsidiary IGT Global Solutions Corporation (hereinafter "IGT") has signed a seven-year contract extension with Supreme Ventures Limited ("SVL") to continue providing...

IGT Reaffirms Leadership in the Caribbean with Seven-Year Lottery Extension in Jamaica

Clover Health Investments

Century Casinos

Canoo

Social Capital Hedosophia Holdings Corp. VI

Melco Resorts and Entertainment

Rocket Companies, Inc.

This week, Joe Biden will be inaugurated as the 46th president of the United States. While there concerns about riskier assets, including stocks under $20, heading into Election Day, it's clear markets are at peace with the idea of a Biden presidency.

News for International Game Technology Stock (IGT)