IGT: Q4 Earnings Snapshot

Associated Press Finance
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LONDON (AP) — LONDON (AP) — International Game Technology PLC (IGT) on Tuesday reported a loss of $7 million in its fourth quarter.

The London-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 56 cents per share.

The slot machine maker posted revenue of $1.13 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $1.11 billion.

For the year, the company reported profit of $156 million, or 77 cents per share. Revenue was reported as $4.31 billion.

For the current quarter ending in March, IGT said it expects revenue in the range of $1 billion.

The company expects full-year revenue in the range of $4.3 billion to $4.4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IGT at https://www.zacks.com/ap/IGT

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