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
02/04/201608:01:00International Game Technology PLC Receives the Internet Responsible...
02/03/201606:45:00IGT Introduces House of Cards Slots to DoubleDown Casino
02/02/201606:45:00IGT Wins "Best User Experience in Mobile" at International Gaming...
02/01/201606:45:00IGT Unveils Full Suite of Interactive Gaming, Lottery, and Betting...
01/26/201606:45:00IGT Showcases Full Spectrum of Gaming Solutions at ICE Totally...
12/22/201516:31:00IGT Launches Content from Legacy GTECH Game Portfolio on DoubleDown...
12/21/201506:45:00IGT Slots Crown Four Millionaires in November
12/14/201516:31:00IGT Signs Agreement with Kaw Nation to Provide Systems and Games...
12/09/201506:45:00IGT Licenses Innovative Game Feature Patents to Gamesys
11/25/201516:31:00IGT Wheel of Fortune® Slots Deliver Largest Jackpot In New York...
11/23/201516:31:00IGT Slots Mint Four Millionaires in October
11/12/201506:45:00International Game Technology PLC Reports Third Quarter 2015...
11/10/201516:31:00International Game Technology PLC Declares Quarterly Cash Dividend...
11/05/201506:45:00IGT Introduces Wheel of Fortune® Slots to Online Real Money...
10/29/201516:31:00International Game Technology PLC to Report Third Quarter 2015...
10/20/201506:45:00IGT Signs Distribution Agreement with LUDI S.F.M. in France to...
10/15/201516:31:00IGT Senior Vice President, North America, Joseph (Jay) S. Gendron...
10/13/201506:45:00IGT Introduces Aurora, Its New, Comprehensive Solution for Lottery...
10/07/201506:45:00IGT Creates Mobile Player Convenience Apps for Rhode Island Lottery...
09/29/201518:05:00IGT and Lionsgate Unveil Orange Is the New Black Slots at G2E

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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad