International Game Technology (IGT): Cost Optimization & Efficiency Initiatives As A Key Instrument for Accelerating Margin Expansion!

International Game Technology’s latest financial results present a mixed picture, with both strengths and challenges as the company navigates through significant operational changes. Over the first nine months, the company generated $1.9 billion in revenue, driven by strong performances in Italy and improved trends for instant tickets and draw games in the United States. A solid profit margin and a cash flow highlighted by an adjusted EBITDA of $880 million, translating to a 47.3% margin, reflects the stability and profitability of its core lottery business, emphasizing the company’s operational efficiency.