International Game Technology PLC Reports Fourth Quarter And Full Year 2020 Results
Fourth Quarter:
- $885 million in revenue and $96 million in operating income from continuing operations includes highest Global Lottery revenue and profit performance in two years
- Cash from operating activities of $255 million; combined free cash flow of $191 million in line with prior-year level
- Net loss of $220 million, includes $155 million non-cash foreign exchange loss; combined Adjusted EBITDA of $321 million driven by high profit flow-through of Global Lottery same-store sales growth and benefit from cost-saving actions
Full Year:
- 2020 revenue from continuing operations of $3.12 billion reflects resilience of Global Lottery, including double-digit same-store sales growth in North America in the second half of the year and growing contribution from Digital & Betting activities
NEW YORK, NY / ACCESSWIRE / March 2, 2021 / International Game Technology Plc (NYSE:IGT) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 2, 2021 at 8:00 AM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.
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LONDON and LAS VEGAS, March 1, 2021 /PRNewswire/ International Game Technology PLC ( IGT ) (NYSE: IGT) and Scientific Games Corporation ( Scientific Games ) (NASDAQ: SGMS), today announced that they have signed a cross-licensing agreement for patents related to cashless slot gaming technologies. Under the agreement, Scientific Games and IGT will be able to offer patented cashless gaming technologies from the companies combined portfolios of casino management systems solutions to the U.S. gaming industry. Financial terms of the agreement have not been disclosed.
As a result of this agreement, operators will now be able to unlock the industry s most compelling portfolio of cashless gaming technologies. By combining the strongest features of each Company s cashless gaming patent portfolio, IGT and Scientific Games are providing a solution for the gaming industry to quickly increase adoption of cashless technology.
IGT ADVANTAGE Casino Management System to Modernize the Gaming Experience at Circus Circus
Iconic Las Vegas Strip property converts to state-of-the-art CMS connecting slots, table games, and retail point-of-sales
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LONDON, Feb. 23, 2021 /PRNewswire/ International Game Technology PLC (IGT) (NYSE: IGT) announced that it is replacing a competitor s system with its state-of-the-art IGT ADVANTAGE
® Casino Management System (CMS) at the iconic Circus Circus hotel and casino on the Las Vegas Strip in Nevada. Circus Circus has continuously focused on delivering entertaining experiences for our guests, and our conversion to the IGT ADVANTAGE CMS will modernize our gaming floor, significantly streamlining our operations and helping to enhance patron loyalty and the overall player experience, said
International Game Technology PLC to Host Fourth Quarter and Full Year 2020 Results Conference Call on Tuesday, March 2, 2021
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LONDON, Feb. 17, 2021 /PRNewswire/ International Game Technology PLC ( IGT ) (NYSE:IGT) will host a conference call and live webcast to discuss fourth quarter and full year 2020 results for the period ended December 31, 2020 on Tuesday, March 2, 2021.
Conference call details:
Dial-In Number (Outside US/Canada): +1 612 979 9887
Conference ID (Passcode): 4538018
Webcast:
A live webcast may be accessed along with accompanying slides under News, Events & Presentations in the Investor Relations section of IGT s website at www.IGT.com. A replay of the webcast will be available on the website following the live event.