International Game Technology ( (BRSL) ) has released its Q2 earnings. Here is a breakdown of the information International Game Technology presented to its investors.
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Brightstar Lottery PLC is a global leader in the lottery sector, renowned for its secure technology and comprehensive solutions that aid governments and regulators worldwide in delivering lottery services. With a workforce of approximately 6,000 employees, the company focuses on providing both retail and digital lottery solutions, ensuring high standards of service and integrity.
In the second quarter of 2025, Brightstar Lottery PLC reported a 2.6% growth in global same-store sales for instant ticket and draw games, with a notable increase in product sales revenue. Despite a loss from continuing operations amounting to $60 million, the company maintained a strong financial condition with significant liquidity of $2.9 billion. The company also reaffirmed its 2025 Adjusted EBITDA outlook and announced a $250 million accelerated share repurchase program.
Key financial metrics for the quarter included a revenue increase to $631 million, a 3% rise from the previous year, and an Adjusted EBITDA of $274 million. The company secured a nine-year Lotto operator license in Italy and completed the sale of its Gaming & Digital business for $4 billion, which contributed to its strategic focus on lottery operations. Additionally, Brightstar announced plans to return significant capital to shareholders through dividends and share repurchases.
Looking ahead, Brightstar Lottery PLC remains committed to driving sustainable, long-term growth through strategic investments and cost reductions. The company is well-positioned to leverage its industry expertise to create value for stakeholders and inspire players globally, as it continues to focus on its core lottery operations.
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