PROVIDENCE – International Game Technology PLC earned a profit of $365 million in the second quarter, or $1.49 per diluted share, the company reported this week.
One year prior, the company logged a loss of $280 million, or $1.37 per dilated share.
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Company revenue totaled $1 billion in the quarter, a rise from $600 million one year prior.
“Impressive second quarter results highlight the vitality of our portfolio,” said Marco Sala, CEO of IGT. “Outstanding lottery performance, the progressive recovery in land-based gaming, and strong increase in digital and betting activities drove substantial revenue and profit growth, delivering Adjusted EBITDA that is among the highest recorded in a quarterly period. On the strength of the first half performance, we are raising our outlook for the year and now expect to exceed 2019 levels for key financial metrics this year.”
United States and Canada revenue totaled $561 million in the quarter, a rise from $369 million one year prior. Italy revenue totaled $353 million, a rise from $146 million in the second quarter of 2020 and revenue from the rest of the world totaled $127 million, up from $84 million one year prior.
