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International Game Technology PLC Reports First Quarter 2021 Results


International Game Technology PLC Reports First Quarter 2021 Results
- 25% revenue growth to $1,015 million on outstanding Global Lottery performance; continued recovery in Global Gaming including acceleration in Digital & Betting activities
- Income from continuing operations of $138 million; Adjusted EBITDA of $450 million, among the highest levels in Company history, driven by revenue momentum and structural cost savings
- Achieved cash from operations of $251 million; free cash flow of $204 million driven by strong results and invested capital discipline
- Completed sale of Italy B2C gaming businesses; net proceeds to partially fund full redemption, by make-whole call, of 4.75% Senior Secured Euro Notes due February 2023 ....

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Inspired Reports First Quarter 2021 Results


Inspired Reports First Quarter 2021 Results
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th with social distancing; All UK restrictions expected to be lifted on June 21
st following COVID-19-related closures for the entirety of the first quarter 2021
Established Third Quarter 2021 Adjusted EBITDA Guidance of $28 million-$30 million
Liquidity position remains strong with cash of approximately $41.2 million and undrawn Revolver capacity of approximately $27.6 million
1
First Quarter Aggregate Online Revenue
2 increased 90%
First Quarter Net Loss of $16.7 million, including $3.1 million of VAT-related income
First Quarter Adjusted EBITDA
3 of $3.9 million, including $3.1 million of VAT-related income
NEW YORK, May 10, 2021 Inspired Entertainment, Inc. ( Inspired ) (NASDAQ: INSE) today reported financial results for the three-month period ended March 31, 2021. ....

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