IGT Reports $1B Quarter Amid North American Investment

$1.06 billion in revenue in Q3 2023, which were the same results the company reported for the same period last year. It also saw its operating income increase 13% to $239 million during Q3 2023. As a result of the quarter, IGT has tightened its full-year revenue outlook for FY2023.

IGT’s ability to generate consistent revenue in Q3 was led by the company’s global gaming business, which generated $409 million in revenue during the quarter — an 8% increase year-over-year. IGT saw its global lottery sector take a step back in Q3 2023 with $601 million in revenue compared to $626 million in Q3 2022. IGT’s PlayDigital business, which includes B2B sports betting, saw revenue reach $55 million in Q3 2023, up $1 million compared to Q2 2023.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

SiriusXM Reports Third-Quarter Earnings, Subscribers, AdvertisingThe audio entertainment giant, the home of Howard Stern, is 'very excited' to unveil SiriusXM's next-generation platform in early November, said CEO Jennifer Witz.
Fuente: THR - 🏆 411. / 53 Leer más »

Caterpillar Stock Falls After Company Smashed Earnings. What’s Behind the Move.The machinery company reports third-quarter earnings of $5.52 a share, beating estimates of $4.80.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Pfizer Stock Dips After Company’s Earnings Miss Sales Estimates. Covid-19 Revenue Drops.Pfizer reports a third-quarter loss of 17 cents a share on revenue of $13.2 billion.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »