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International Game Technology PLC Reports Fourth Quarter And Full Year 2020 Results


International Game Technology PLC Reports Fourth Quarter And Full Year 2020 Results
Fourth Quarter:
- $885 million in revenue and $96 million in operating income from continuing operations includes highest Global Lottery revenue and profit performance in two years
- Cash from operating activities of $255 million; combined free cash flow of $191 million in line with prior-year level
- Net loss of $220 million, includes $155 million non-cash foreign exchange loss; combined Adjusted EBITDA of $321 million driven by high profit flow-through of Global Lottery same-store sales growth and benefit from cost-saving actions
Full Year:
- 2020 revenue from continuing operations of $3.12 billion reflects resilience of Global Lottery, including double-digit same-store sales growth in North America in the second half of the year and growing contribution from Digital & Betting activities ....

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