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International Game Technology PLC(IGT) - 2023 Q4 - Earnings Call Transcript
2024-03-12 16:08
International Game Technology PLC (NYSE:IGT) Q4 2023 Earnings Conference Call March 12, 2024 8:00 AM ET Company Participants James Hurley - SVP, IR Vincent Sadusky - CEO Massimiliano Chiara - CFO Conference Call Participants Barry Jonas - Truist Securities Chad Beynon - Macquarie Jeff Stantial - Stifel Domenico Ghilotti - EQUITA David Katz - Jefferies Operator Hello, and welcome to the International Game Technology PLC Q4 '23 and Fiscal Year 2023 Earnings Call. [Operator Instructions] I will now turn the ca ...
Here's What Key Metrics Tell Us About IGT (IGT) Q4 Earnings
Zacks Investment Research· 2024-03-12 14:31
For the quarter ended December 2023, International Game Technology (IGT) reported revenue of $1.13 billion, up 3.4% over the same period last year. EPS came in at $0.56, compared to $0.40 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.11 billion, representing a surprise of +1.66%. The company delivered an EPS surprise of +24.44%, with the consensus EPS estimate being $0.45.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...
INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
Prnewswire· 2024-03-12 10:40
Fourth Quarter 2023 Financial Performance Achieves Outlook: Revenue of $1.1 billion driven by 7% Global Lottery growth Operating income rose 11% to $256 million, with strength across Global Lottery, Global Gaming, and PlayDigital; operating income margin expanded 160 basis points to 22.7% Full Year 2023 Financial Performance Delivers Record Profit on Continued Momentum Across Segments: Revenue of $4.3 billion, up 2% year-over-year and 7% net of Italy commercial services sale, driven by Global Lottery sam ...
International Game Technology PLC(IGT) - 2023 Q4 - Annual Report
2024-03-11 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC ...
International Game Technology PLC(IGT) - 2023 Q4 - Annual Report
2024-03-11 16:00
Period ended December 31, 2023 Cautionary Statement Regarding Forward-Looking Statements This presentation may contain forward-looking statements (including within the mearing of the Private Securities Litigation Reform Act of 1955 conoming Intennational Game T matters. These statenents may discuss goals, htentions, and expectations as to tutle plans and strates, trends, sleens, drived, shoot, or operations, andol moneinon in meas stalements may be accompanied by words such as 'ain'. "Anthicipale." believe" ...
Wall Street's Insights Into Key Metrics Ahead of IGT (IGT) Q4 Earnings
Zacks Investment Research· 2024-03-07 15:16
In its upcoming report, International Game Technology (IGT) is predicted by Wall Street analysts to post quarterly earnings of $0.45 per share, reflecting an increase of 12.5% compared to the same period last year. Revenues are forecasted to be $1.11 billion, representing a year-over-year increase of 1.7%.The consensus EPS estimate for the quarter has undergone an upward revision of 0.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reasse ...
IGT's Global Gaming and PlayDigital Businesses to Combine with Everi, Creating a Comprehensive Global Gaming and FinTech Enterprise
Prnewswire· 2024-02-29 11:00
Business combination creates a comprehensive and diverse portfolio of high-performing land-based, digital, and fintech gaming products and services Complementary offering coupled with global reach provides compelling growth prospects with significant synergy opportunities Attractive recurring revenue profile and strong profit margins, balance sheet, and cash flows provide flexibility to allocate capital to drive long-term shareholder value creation IGT CEO Vince Sadusky to lead combined company with execut ...
IGT Earns Gold Medal from Leading Sustainability Rating Agency EcoVadis
Prnewswire· 2024-02-15 11:45
Improved rating positions Company in the top five percent of global companies assessed by EcoVadis LONDON, Feb. 15, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has earned a gold medal sustainability rating from EcoVadis, a leading provider of business sustainability ratings. This gold medal rating positions IGT among the top five percent of global companies assessed by EcoVadis for its comprehensive sustainable business practices. IGT scored particularl ...
International Game Technology PLC to Host Fourth Quarter and Full Year 2023 Results Conference Call on Tuesday, March 12, 2024
Prnewswire· 2024-02-14 11:45
LONDON, Feb. 14, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast to discuss fourth quarter and full year 2023 results for the period ended December 31, 2023 on Tuesday, March 12, 2024.    Conference call details:Tuesday, March 12, 20248:00 a.m. EDT Conference call registration: Participants are encouraged to pre-register for the conference call by clicking here. Upon registering, participants will receive a dial-in number and unique PIN. ...
IGT Recognized with Top Honors at ICE London 2024 Award Programs
Prnewswire· 2024-02-12 21:31
Company wins "Lottery Product of the Year" for second straight year at the International Gaming Awards and named "Best Diversity and Inclusion Employer" for third consecutive year at the European Casino Awards LONDON, Feb. 12, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it was recognized with top honors in two industry-leading award programs held in conjunction with ICE London: the International Gaming Awards and the European Casino Awards. IGT won the fol ...