Financial

IGT Third Quarter 2022 Results Presentation

INTERNATIONAL GAME TECHNOLOGY PLC REPORTS THIRD QUARTER 2022 RESULTS

11/08/2022
  • Consolidated revenue of $1.06 billion, up 8% as reported and 14% at constant currency, with contributions from each segment including over 30% growth in Global Gaming
  • Operating income of $211 million; operating income margin of 20% at high end of outlook
  • Adjusted EBITDA of $402 million reflects robust Global Lottery profitability and strong increase from Global Gaming
  • Received €700 million in gross proceeds from sale of Italian proximity payments business; completed acquisition of iSoftBet, a leading iGaming content provider and third-party aggregator, for approximately €160 million
  • Net debt leverage improves to 3.1x, the lowest level in Company history
  • $224 million returned to shareholders via dividends and share repurchases through mid-October, a record level in a fiscal-year period
  • Targeting upper half of full-year 2022 outlook range

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