|Bid||22.35 x 1100|
|Ask||23.00 x 1000|
|Day's Range||22.06 - 22.80|
|52 Week Range||16.46 - 32.95|
|Beta (5Y Monthly)||1.94|
|PE Ratio (TTM)||21.08|
|Earnings Date||Feb 28, 2022 - Mar 04, 2022|
|Forward Dividend & Yield||0.80 (4.22%)|
|Ex-Dividend Date||May 23, 2022|
|1y Target Est||33.66|
International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it is expanding its sports betting leadership in Washington State via a multi-year contract with Nisqually Red Wind Casino. Under the terms of the agreement, Nisqually Red Wind Casino in Olympia, Wash. will leverage the award-winning IGT PlaySports platform, deploy IGT PlaySports betting kiosks and partner with the IGT trading advisory team.
Investors who placed bets on gaming equipment and services specialist International Game Technology (NYSE: IGT) were handsomely rewarded on Tuesday. Shares of their company soared nearly 10% higher, on the back of the company's latest quarterly earnings. International Game's profit for the period filtered down from revenue of $1.02 billion.
International Game Technology (NYSE: IGT) reported second-quarter FY22 revenue growth of 3% year-on-year to $1.02 billion (at constant currency), missing the consensus of $1.03 billion. Revenue declined by 2% Y/Y on a reported basis. Revenue from Global Lottery fell 4% Y/Y to $648 million (CC), Global Gaming rose 23% Y/Y to $330 million (CC), and Digital & Betting increased 4% Y/Y to $43 million (CC). The operating margin contracted by 100 bps to 22%, as the operating income increased by 1% Y/Y