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IGT posts $289.9m second quarter loss

1st August 2017 3:16 pm GMT
IGT

New York-listed gaming and lottery supplier International Game Technology (IGT) has posted a net loss of $289.9m for the second quarter of 2017, impacted by significant foreign exchange losses and a 5 per cent drop in revenue.

Revenue dropped to $1,219.5m in Q2 following declines across IGT's North American Gaming & Interactive and Italy business segments, with results also impacted by the sale of DoubleDown Interactive on June 1st.

"Our second quarter results reflect strong key performance indicators for both our global [...]

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