IGT full year revenue boosted by record performance

Finance News

International Game Technology today reported financial results for the fourth quarter and full year ended December 31, 2021. Full year operating income of $902 million, was he highest in company history, on strong global lottery operating leverage and company-wide structural cost savings.

Revenue increased 31% to $4.1 billion on double-digit growth across segments; met or exceeded all 2021 financial goals with key financial metrics above 2019 levels.

“Our 2021 financial results reflect the best revenue, profit, and cash flow performance in the last four years, meeting or exceeding target levels on strong performance across the portfolio,” said Vince Sadusky, CEO of IGT. “We made important progress on several strategic objectives, and I am excited to be leading IGT in the next chapter of its evolution. We have set aggressive but achievable multi-year goals and we have a focused strategy to maximize value for all stakeholders.”

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