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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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