Annual Igt Revenue Amounted To More Than $ 1 Billion As Of The Iii Quarter Of 2016

International game technology (igt) announced the growth of revenue to $ 1.3 billion in the third quarter of the current year year in annual terms. This indicator is higher by 5% compared to the same period of 2015.

Nevertheless, revenue for three months before september 30 decreased to $ 241 million. Representatives of the company bind it with a reduction in the number of active users on doubledown.

Operating profit increased by 26% annual terms to $ 164 million. Adjusted operating profit has also increased by 9% – up to $ 286 million.

Ebitda increased by 4% – up to $ 430 million, and net debt decreased by 3% – up to $ 7.9 billion. Per year (before the reporting date september 30) total income amounted to $ 3.8 billion. For comparison – in 2015, in a similar report, this amount reached $ 3.3 billion.

Revenue from communication services increased to $ 3.3 billion, and sales – up to $ 518.8 million.

As it became known earlier, igt extended a contract with georgia lottery corporation and acquired the objects of intellectual property of leap forward gaming, inc.