Brightstar Lottery reports Q2 adjusted EPS 12c, consensus 19c

Reports Q2 revenue $631M, consensus $624.61M. Reports Q2 SSS up 0.3%. “We achieved several important milestones over the last few months,” said Vince Sadusky, CEO of Brightstar. “We secured the Italy Lotto license through November 2034, closed the sale of our Gaming & Digital business for $4 billion in cash, and announced plans to return significant capital to shareholders. With a singular focus on lottery and unmatched industry expertise, we are well positioned to create value for all stakeholders with our mission to elevate lotteries and inspire players around the world.”