ADVFN - Advanced Financial Network.
HOME» NYSE » I » IGT Stock Price » IGT Stock News

Internat Game Share News

 International Game Technology Stock Price
IGT Stock Price
 International Game Technology Stock Chart
IGT Stock Chart
 International Game Technology Stock News
IGT Stock News
 International Game Technology Company Information
IGT Company Information
 International Game Technology Stock Trades
IGT Stock Trades

International Game Tech Swings To 4Q Profit On Cost-Cutting

DOW JONES NEWSWIRES International Game Technology (IGT) swung to a fiscal fourth-quarter profit on improved revenue. But shares fell 2% to $15.99 in after-hours trading as the slot-machine maker's earnings fell short of Wall Street's expectations. Chief Executive Patti Hart said the company improved margins and its balance sheet, generating more cash in the latest fiscal year. Now it plans to emphasize top-line growth and international expansion. For the quarter ended Sept. 30, International Game reported a profit of $19.9 million, or 7 cents a share, compared with a year-earlier loss of $28.6 million, or 10 cents a share. Excluding such items as write-downs and investment losses, earnings were flat at 18 cents while revenue slid 3.2% to $496 million. Analysts had estimated earnings of 19 cents on revenue of $488.2 million, according to a poll by Thomson Reuters. Gross margin fell to 56% from 57%. Product sales, which provided 46% of the total, ticked down 0.9%, while revenue from gaming operations declined 5.1%. -By Kathy Shwiff, Dow Jones Newswires; 212-416-2357; Kathy.Shwiff@dowjones.com

Stock News for Internat Game (IGT)
DateTimeHeadline
04/22/201506:00:00IGT's Wheel of Fortune® Slots Award $2.4 Million over Three...
04/17/201517:03:51Termination of Registration of a Class of Security Under Section...
04/15/201517:05:00International Game Technology Announced that GTECH Corporation...
04/14/201506:01:02Notice of Effectiveness (effect)
04/10/201516:51:32Current Report Filing (8-k)
04/10/201516:50:48Current Report Filing (8-k)
04/10/201514:10:16Amended Statement of Ownership (sc 13g/a)
04/10/201508:00:00International Game Technology Announces Offers to Purchase and...
04/09/201517:11:39Post-effective Amendment to an S-8 Filing (s-8 Pos)
04/09/201517:11:11Post-effective Amendment to an S-8 Filing (s-8 Pos)
04/09/201517:11:11Post-effective Amendment to an S-8 Filing (s-8 Pos)
04/09/201517:10:44Post-effective Amendment to an S-8 Filing (s-8 Pos)
04/09/201517:10:44Post-effective Amendment to an S-8 Filing (s-8 Pos)
04/09/201517:10:19Post-effective Amendment to an S-8 Filing (s-8 Pos)
04/09/201517:09:51Post-effective Amendment to an S-8 Filing (s-8 Pos)
04/09/201517:09:51Post-effective Amendment to an S-8 Filing (s-8 Pos)
04/09/201517:08:58Post-effective Amendment to Registration Statement (pos Am)
04/09/201517:08:58Post-effective Amendment to an S-8 Filing (s-8 Pos)
04/07/201514:01:17(25-NSE)
04/07/201511:02:00GTECH And International Game Technology Complete Combination...

Internat Game Technology and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad