International Game Tech (IGT) reported Q1 EPS of $0.39, $0.06 better than the analyst estimate of $0.33. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.04 billion.
GUIDANCE:
International Game Tech sees FY2022 revenue of $4.1-4.3 billion, versus the consensus of $4.17 billion.
- Operating income margin of 20% - 22%
- Cash from operations of $850 - $1,000 million
- Capital expenditures of ~$400 million
International Game Tech sees Q2 2022 revenue of $1-1.1 billion, versus the consensus of $1.04 billion.
- Operating income margin of 20% - 22%