IGT Shares Topple On Lower Revenues
Posted on January 21, 2011 at 09:05 AM EST
Shares of International Game Technology (NYSE:IGT) dropped 5.79% ($1.06) in after hours trading due to a 9.8% year over year decline in revenue growth in the first quarter of 2011. Revenue fell $24.2 million short of the Zacks Consensus Estimate, primarily due to a reduction in installed base. However, earnings per share inched past the [...]
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