Why IGT Shares Are Surging Today
International Game Technology (NYSE:IGT) reported first-quarter FY22 revenue growth of 4% year-on-year to $1.05 billion, above the consensus of $1.04 billion. Revenue from Global Lottery fell 9% Y/Y to $680 million, Global Gaming rose 42% Y/Y to $325 million, and Digital & Betting increased 24% Y/Y to $47 million. The operating margin contracted…
Benzinga ·