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Currency gains drive IGT profit growth in Q3

14th November 2019 2:18 pm GMT
IGT

New York-listed International Game Technology (IGT) saw net income more than double to $130.6m in the third quarter of 2019, despite posting a marginal decline in revenue compared to last year.

Third quarter revenue fell by 0.2 per cent year-on-year to $1.15bn as growth in North America was offset by lower revenue in Italy and other International markets.

The company said that growth would have amounted to 3 per cent on a constant currency basis, with strong [...]

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