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INTERNATIONAL GAME TECHNOLOGY PLC REPORTS SECOND QUARTER 2024 RESULTS
GAMEGameSquare (GAME) Prnewswire·2024-07-30 10:40

"We generated over 460millionincashfromoperationsinthefirsthalfoftheyearandourbalancesheetisasstrongasever,"saidMaxChiara,CFOofIGT."Ourampleliquidityandmanageableneartermdebtmaturitiesprovideussignificantflexibilityinlightofupcominginvestmentstoextendandsecureourlongtermlotterycontractportfolioforthecomingyears."AchievedrecordH124OperatingincomeandAdjustedEBITDAexcludingSeparationanddivestiturecostsDeliveredQ224revenueof460 million in cash from operations in the first half of the year and our balance sheet is as strong as ever," said Max Chiara, CFO of IGT. "Our ample liquidity and manageable near-term debt maturities provide us significant flexibility in light of upcoming investments to extend and secure our long-term lottery contract portfolio for the coming years." Achieved record H1'24 Operating income and Adjusted EBITDA excluding Separation and divestiture costs Delivered Q2'24 revenue of 1.05 bi ...