07:19 AM EDT, 05/14/2024 (MT Newswires) -- International Game Technology ( IGT ) reported Q1 adjusted earnings Tuesday of $0.46 per diluted share, down from $0.49 a year earlier.

Analysts polled by Capital IQ expected $0.40.

Revenue for the quarter ended March 31 was $1.07 billion, up from $1.06 billion a year earlier.

Analysts polled by Capital IQ expected $1.03 billion.

The company said it now expects full-year 2024 revenue to be approximately $4.4 billion, at the high end of previous guidance between $4.3 billion and $4.4 billion. Analysts surveyed by Capital IQ are expecting $4.35 billion.

For Q2, revenue is expected to be about $1.05 billion. Analysts surveyed by Capital IQ are expecting $1.09 billion.

IGT shares rose 3.5% in premarket trading.

Price: 20.72, Change: +0.70, Percent Change: +3.50