{"id":27431,"date":"2014-08-01T10:27:55","date_gmt":"2014-08-01T14:27:55","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=27431"},"modified":"2014-08-01T10:27:55","modified_gmt":"2014-08-01T14:27:55","slug":"cost-management-strategies-of-international-game-technology-nyseigt-yields-results","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431","title":{"rendered":"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 08\/01\/2014 (wallstreetpr) \u2013 <b>International Game Technology (NYSE:IGT)<\/b> reported its third-quarter <a href=\"http:\/\/www.rgj.com\/story\/money\/gaming\/2014\/07\/30\/igt-posts-profit-gains-latest-quarter\/13362483\/\">results<\/a> on Wednesday. It reported net income of $72.1 million in the third quarter as compared to $65.7 million last year. The total revenue came lower at $468 million. It showed a drop of 19%. The social gaming revenue showed a growth of 17%. The Las Vegas-based company reported a rise of 7% in its average bookings per daily active user.<\/p>\n<p style=\"text-align: justify;\"><b>Acquisition process<\/b><\/p>\n<p style=\"text-align: justify;\">International Game Technology (NYSE:IGT)\u00a0is being acquired by Italy-based GTECH for $6.4 billion. The acquisition of IGT will complete in the next nine to twelve months. It won\u2019t have any impact on the manufacturing operations of IGT in South Reno.\u00a0 Reno was established in 1970s. It will be held with the new-unnamed company. The new company will be headquartered in the United Kingdom. It will be listed on the NYSE.<\/p>\n<p style=\"text-align: justify;\"><b>The effective efforts<\/b><\/p>\n<p style=\"text-align: justify;\">CEO, Patti Hart said that IGT witnessed an end to the strategic alternatives of IGT and its shareholders.\u00a0 The efforts were balanced that enable\u00a0International Game Technology (NYSE:IGT) to focus on growth. It is visible on expanded gross margins and better-than- expected EPS performance.\u00a0 The cost management strategies were effective and resulted in improved efficiencies in a competitive environment. IGT is well positioned to capture the future market opportunities.<\/p>\n<p style=\"text-align: justify;\"><b>GTECH results<\/b><\/p>\n<p style=\"text-align: justify;\">Apart from IGT, GTECH also reported its results on Thursday. The results are crucial as now both the companies are going to form a single new entity in the coming year.\u00a0 GTECH reiterated its full year guidance. The core earnings were slightly lower as compared to the previous quarter. The last quarter showed strong earnings due to the large order received from Canada. International Game Technology (NYSE:IGT)expects the full-year revenues to be in a range of 3.15-3.25 billion euros. The core earnings for full-year\u00a0\u00a0 are expected to be higher in the range of 1.06-1.1 billion euros. GTECH is confident of achieving a full year guidance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 08\/01\/2014 (wallstreetpr) \u2013 International Game Technology (NYSE:IGT) reported its third-quarter results on Wednesday. It reported net income of $72.1 million in the third [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":26427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236,263],"tags":[2806,2807],"stock_ticker":[],"class_list":["post-27431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-technology","tag-international-game-technology-nyseigt","tag-nyseigt","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 08\/01\/2014 (wallstreetpr) \u2013 International Game Technology (NYSE:IGT) reported its third-quarter results on Wednesday. It reported net income of $72.1 million in the third [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-01T14:27:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"260\" \/>\n\t<meta property=\"og:image:height\" content=\"194\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Greg Folin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Greg Folin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431\"},\"author\":{\"name\":\"Greg Folin\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/09a8586a8976289812879bbc81ac988e\"},\"headline\":\"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results\",\"datePublished\":\"2014-08-01T14:27:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431\"},\"wordCount\":332,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg\",\"keywords\":[\"International Game Technology (NYSE:IGT)\",\"NYSE:IGT\"],\"articleSection\":[\"Business\",\"Technology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431\",\"name\":\"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results - Wall Street PR\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg\",\"datePublished\":\"2014-08-01T14:27:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#primaryimage\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg\",\"width\":260,\"height\":194},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"name\":\"Wall Street PR\",\"description\":\"Latest News From WallStreet\",\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\",\"name\":\"Wall Street PR\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"width\":537,\"height\":70,\"caption\":\"Wall Street PR\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/WallStreetPR\/\",\"https:\/\/x.com\/WallstreetPRs\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/09a8586a8976289812879bbc81ac988e\",\"name\":\"Greg Folin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2020\/05\/4w1JQvu5_400x400-300x300.jpg\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2020\/05\/4w1JQvu5_400x400-300x300.jpg\",\"caption\":\"Greg Folin\"},\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/author\/greg-folin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results - Wall Street PR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431","og_locale":"en_US","og_type":"article","og_title":"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results - Wall Street PR","og_description":"Boston, MA 08\/01\/2014 (wallstreetpr) \u2013 International Game Technology (NYSE:IGT) reported its third-quarter results on Wednesday. It reported net income of $72.1 million in the third [&hellip;]","og_url":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431","og_site_name":"Wall Street PR","article_publisher":"https:\/\/www.facebook.com\/WallStreetPR\/","article_published_time":"2014-08-01T14:27:55+00:00","og_image":[{"width":260,"height":194,"url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg","type":"image\/jpeg"}],"author":"Greg Folin","twitter_misc":{"Written by":"Greg Folin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#article","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431"},"author":{"name":"Greg Folin","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/09a8586a8976289812879bbc81ac988e"},"headline":"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results","datePublished":"2014-08-01T14:27:55+00:00","mainEntityOfPage":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431"},"wordCount":332,"commentCount":0,"publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"image":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#primaryimage"},"thumbnailUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg","keywords":["International Game Technology (NYSE:IGT)","NYSE:IGT"],"articleSection":["Business","Technology"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#respond"]}]},{"@type":"WebPage","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431","url":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431","name":"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results - Wall Street PR","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#primaryimage"},"image":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#primaryimage"},"thumbnailUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg","datePublished":"2014-08-01T14:27:55+00:00","breadcrumb":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#primaryimage","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2014\/06\/International-Game-Technology.jpg","width":260,"height":194},{"@type":"BreadcrumbList","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/cost-management-strategies-of-international-game-technology-nyseigt-yields-results-27431#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cablemanpro.com\/wallstreetpr\/"},{"@type":"ListItem","position":2,"name":"Cost Management Strategies Of International Game Technology (NYSE:IGT) Yields Results"}]},{"@type":"WebSite","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","name":"Wall Street PR","description":"Latest News From WallStreet","publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization","name":"Wall Street PR","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","width":537,"height":70,"caption":"Wall Street PR"},"image":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/WallStreetPR\/","https:\/\/x.com\/WallstreetPRs"]},{"@type":"Person","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/09a8586a8976289812879bbc81ac988e","name":"Greg Folin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/image\/","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2020\/05\/4w1JQvu5_400x400-300x300.jpg","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2020\/05\/4w1JQvu5_400x400-300x300.jpg","caption":"Greg Folin"},"url":"https:\/\/cablemanpro.com\/wallstreetpr\/author\/greg-folin"}]}},"_links":{"self":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/27431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/comments?post=27431"}],"version-history":[{"count":0,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/27431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/media\/26427"}],"wp:attachment":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/media?parent=27431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/categories?post=27431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/tags?post=27431"},{"taxonomy":"stock_ticker","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/stock_ticker?post=27431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}