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Gaming GuruIGT grows quarterly revenue as profits decline12 August 2015
In the quarter that ended June 30, the combined company said its net income of $116 million declined 32 percent from a year ago. The results translated into a net loss per share of 59 cents. Overall revenue for IGT was $1.29 million for the combined company. In a statement, IGT CEO Marco Sala said the quarterly results reflect the stable growth in the lottery operations and "a meaningful sequential improvement" on the slot machine side of the busines. "We have accomplished a lot in the past four months, notably organizing ourselves under a single leadership team and consolidating our manufacturing footprint," Sala said. "There is much more ahead of us." Copyright GamingWire. All rights reserved.
IGT grows quarterly revenue as profits decline
is republished from iGamingSuppliers.com.
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