IGT withdraws 2024 outlook after planned Apollo business sale
IGT withdrew its full-year 2024 financial outlook following the planned sale of its Gaming & Digital business to Apollo Global, and said it would issue an updated forecast for continuing operations after preparing discontinued-operations reporting. The company reported Q2 revenue of $1.05bn, down from $1.06bn a year earlier, and first-half revenue of $2.1bn.
Investors and suppliers must evaluate IGT’s continuing operations without a full-year 2024 financial outlook.