07:08 AM EDT, 03/12/2024 (MT Newswires) -- International Game Technology ( IGT ) reported Q4 adjusted earnings Tuesday of $0.56 per diluted share, up from $0.40 a year earlier.

Two analysts polled by Capital IQ expected $0.52.

Revenue for the quarter ended Dec. 31 was $1.13 billion, up from $1.09 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.11 billion.

For Q1, the company is forecasting revenue of about $1 billion. Four analysts polled by Capital IQ expect $1.08 billion.

For 2024, the company expects revenue to be between $4.30 billion and $4.40 billion. Analysts surveyed by Capital IQ expect $4.40 billion.

Additionally, the company maintained its quarterly dividend at $0.20 per share, payable April 9 to shareholders of record as of March 26.

Shares of the company were more than 2% lower in recent Tuesday premarket activity.

Price: 24.59, Change: -0.56, Percent Change: -2.23