IGT results ‘exceed expectations’ in Q1

Home » IGT results ‘exceed expectations’ in Q1

IGT declared its performance in Q1 2024 “exceed expectations, revealing a 24 per cent operating income margin, around 400bpss higher than expected.

Operating income was US$256m, up against the Q1 2023 figure of $255, with a record quarterly operating income excluding separation and divestiture costs of $273m.

Revenue reached $1.07bn, up one per cent against the previous year’s total of $1.06bn.

Adjusted EBITDA was $443, down one per cent against last year’s figure of $449.

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