Login/Register

FOREX gains drive IGT to profit in first quarter 2019

21st May 2019 6:35 am GMT
IGT

New York-listed supplier International Game Technology (IGT) has posted a net profit of $40.3m for the first quarter of 2019, benefiting from a reduction in operating expenses and a foreign exchange gain of $58.6m.

Revenue fell by 5 per cent year-on-year to $1,145m in Q1, with the North America Gaming & Interactive, International and Italy segments all declining and stable revenue from North American Lottery. On a constant currency basis, revenue was down 1 per cent compared [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos