financetom
Business
financetom
/
Business
/
International Game Technology's Q2 Earnings, Revenue Decline; Withdraws 2024 Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
International Game Technology's Q2 Earnings, Revenue Decline; Withdraws 2024 Guidance
Jul 30, 2024 6:21 AM

08:50 AM EDT, 07/30/2024 (MT Newswires) -- International Game Technology ( IGT ) reported Q2 adjusted earnings Tuesday of $0.36 per diluted share, down from $0.45 a year earlier.

Two analysts surveyed by Capital IQ expected $0.48.

Revenue for the quarter ended June 30 was $1.05 billion, down from $1.06 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.06 billion.

The company said that due to the planned sale of its gaming and digital it is withdrawing its full-year 2024 guidance.

Price: 23.00, Change: -0.45, Percent Change: -1.92

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Forager Capital Management Proposes to Acquire Repay Holdings Corporation for $4.80 Per Share in Cash
Forager Capital Management Proposes to Acquire Repay Holdings Corporation for $4.80 Per Share in Cash
Apr 17, 2026
BIRMINGHAM, Ala., April 17, 2026 (GLOBE NEWSWIRE) -- Forager Capital Management, LLC, the largest shareholder of Repay Holdings Corporation ( RPAY ) (the “Company”), with beneficial ownership of approximately 13% of the issued and outstanding shares, sent the below letter to the Board of Directors of the Company, which details its $4.80 per share, all-cash proposal to acquire the Company....
Repligen Opens Third Global Training and Innovation Center
Repligen Opens Third Global Training and Innovation Center
Apr 17, 2026
08:00 AM EDT, 04/17/2026 (MT Newswires) -- Repligen ( RGEN ) said Friday it has opened a new Training & Innovation Center in Breda, Netherlands, to enhance customer support and expand its global bioprocessing reach. The facility, based at the OPUS chromatography columns manufacturing site, will provide hands-on training, demonstrations, and customer support before and after sales. ...
Research Alert: Fitb: Q1 Results Dominated By The Comerica Acquisition
Research Alert: Fitb: Q1 Results Dominated By The Comerica Acquisition
Apr 17, 2026
08:00 AM EDT, 04/17/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: FITB posted mixed Q1 2026 results, with operating EPS of $0.83 vs. $0.73 prior year, in line with consensus, while revenue of $2.8B (+21%) also met expectations. Results reflect the...
SunOpta Announces Shareholder Approval of Proposed Acquisition by Refresco
SunOpta Announces Shareholder Approval of Proposed Acquisition by Refresco
Apr 17, 2026
MINNEAPOLIS--(BUSINESS WIRE)-- SunOpta Inc. ( STKL ) (“SunOpta” or the “Company”) , a North American supply chain solutions provider, today announced that its shareholders approved the proposed acquisition of the Company by an affiliate of Refresco Holding B.V. (“Refresco”) for US$6.50 per share in cash pursuant to the previously-announced plan of arrangement under the Canada Business Corporations Act (the “Arrangement”)...
Copyright 2023-2026 - www.financetom.com All Rights Reserved