International Game Technology (IGT) reported Q1 adjusted earnings Tuesday of $0.09 per diluted share, down from $0.28 a year earlier.
Analysts polled by FactSet expected $0.16.
Revenue for the quarter ended March 31 was $583 million, down from $661 million a year earlier. Analysts polled by FactSet expected $627.8 million.
For 2025, the company now expects revenue of around $2.55 billion, compared with the previous outlook of $2.55 billion to $2.65 billion. Analysts polled by FactSet expect $2.57 billion.
International Game Technology said its board of directors has maintained a quarterly cash dividend of $0.20 per common share, payable June 12 to shareholders of record as of May 29.