International Game Technology Q3 Profit Drops, Yet Tops View; Ups 2011 Outlook
International Game Technology Q3 Profit Drops, Yet Tops View; Ups 2011 Outlook
Slot machine maker International Game Technology (IGT) reported
Tuesday a profit for the third quarter that declined from last
year, reflecting lower tax benefit. The results benefited from
higher margins and revenue growth. However, adjusted earnings per
share from continuing operations grew and topped analysts'
expectations. The company also raised its earnings outlook for the
full-year 2011.view original article
