International Game Tech (IGT) Tops Q1 EPS by 6c, Offers Guidance
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INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FIRST QUARTER 2022 RESULTS
May 10, 2022 6:40 AM EDTRevenue up 4% compared to the prior year, or 7% at constant currency, to $1.1 billion, driven by significantly higher Global Gaming product sales; revenue and profit aligned with historic peak levels Operating income of $252 million; operating income margin of 24% exceeds outlook by 200 basis points Adjusted EBITDA of $433 million matches prior year's record level at constant currency; 41% adjusted EBITDA margin among the highest level in Company history Returned a record $80 million to shareholders via cash dividend and share repurchases for second consecutive quarter Reaffirming full-year 2022 revenue and profit... More
