IGT Releases Preliminary Q1 2025 Financial Estimates for Discontinued Gaming & Digital Business

International Game Technology ( (IGT) ) has issued an update.

On April 29, 2025, International Game Technology PLC released preliminary financial estimates for its Gaming & Digital Business for the first quarter ending March 31, 2025. These estimates, disclosed due to a financing transaction by Voyager Parent, LLC, indicate adjusted revenue between $370 million and $410 million, and pro forma adjusted EBITDA ranging from $120 million to $135 million. The financial results are preliminary and unaudited, reflecting the company’s ongoing financial closing procedures. The announcement highlights IGT’s strategic financial disclosures amidst its classification of the Gaming & Digital Business as discontinued operations since July 2024, impacting its financial reporting and stakeholder communications.

Spark’s Take on IGT Stock

According to Spark, TipRanks’ AI Analyst, IGT is a Outperform.

International Game Technology scores well due to its strong cash flow and strategic moves, like the sale of its gaming and digital business, which strengthens its financial position. However, the stock faces challenges with high leverage and upcoming capital expenditures. Technical indicators suggest caution, but its low valuation and high dividend yield offer potential upside for long-term investors.

To see Spark’s full report on IGT stock, click here.

More about International Game Technology

International Game Technology PLC (IGT) operates in the gaming and digital entertainment industry, providing a wide range of gaming technology products and services. The company focuses on gaming machines, lotteries, and digital gaming solutions, with a significant presence in both physical and digital gaming markets.

YTD Price Performance: -6.01%

Average Trading Volume: 1,423,832

Technical Sentiment Signal: Buy

Current Market Cap: $3.32B

Learn more about IGT stock on TipRanks’ Stock Analysis page.