NYSE$BRSL
Brightstar Lottery · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
IGT reported a decline in revenue but maintained strong profitability in Q4 2024.
International Game Technology PLC (IGT) reported Q4 2024 revenue of $651 million, down 4% year-over-year. The company posted an operating income of $179 million and net income from continuing operations of $116 million, reflecting a strong 17.9% margin. Adjusted EBITDA came in at $290 million, with a margin of 44.5%. Despite revenue pressures, the company delivered solid profitability and maintained a strong balance sheet.
- Revenue decreased 4% year-over-year to $651 million due to tough comps from the prior year.
- Operating income declined to $179 million, with an operating margin of 27.4%.
- Adjusted EBITDA of $290 million, reflecting a strong margin of 44.5%.
- Cash and cash equivalents increased 15% year-over-year to $584 million.
Headline financials
Revenue & EPS history
Brightstar Lottery · Revenue · Quarterly
$651M
Revenue by segment
Brightstar Lottery · $587M total across 2 segments · Q1 2026
- Service Revenue$558M—95.1%
- Product sales$29M—4.9%
Forward guidance
IGT expects modest revenue growth in FY 2025, with continued investments in business expansion and digital gaming.
Tailwinds
- Revenue expected to grow to $2.55 - $2.65 billion.
- Higher product sales anticipated due to strong instant ticket services growth.
- Global same-store sales expected to rise low-single-digits.
- Continued investment in cloud-based solutions and network optimization.
- Potential for capital expenditure efficiencies over the next cycle.
Headwinds
- Lower U.S. multi-state jackpot activity expected to impact Q1 2025 revenue.
- Adjusted EBITDA expected to decline in H1 2025 due to investments.
- Q1 2025 Adjusted EBITDA projected to be down by $70 million.
- Higher upfront investment required for contract renewals.
- Increased competition in the global lottery and gaming market.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2024
-0.2%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+0.6%
Avg return
30 days after
45%
25 / 56 earnings
Positive
+20.9%
Q3 2019
Best reaction
-18.9%
Q4 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.1% | -16.1% | -6.3% | |
| Q4 2024 | +1.4% | -0.2% | -7.4% | |
| Q3 2023 | -2.6% | +6.7% | +1.2% | |
| Q2 2023 | -5.1% | -3.9% | -5.4% | |
| Q1 2023 | -5.6% | -4.6% | +15.0% | |
| Q4 2022 | +4.0% | +5.4% | +0.1% | |
| Q3 2022 | +12.9% | +17.2% | +22.6% | |
| Q2 2022 | +11.6% | +10.2% | -6.7% | |
| Q1 2022 | +8.6% | +18.9% | +16.6% | |
| Q4 2021 | -13.2% | -15.6% | -19.4% | |
| Q3 2021 | +2.5% | +0.1% | -15.7% | |
| Q2 2021 | -4.6% | +2.5% | +13.2% | |
| Q1 2021 | +15.0% | +26.1% | +41.4% | |
| Q4 2020 | -2.8% | -10.5% | -10.1% | |
| Q3 2020 | -5.5% | +11.8% | +44.8% | |
| Q2 2020 | -7.2% | -1.8% | +4.5% | |
| Q1 2020 | +5.9% | +15.4% | +39.4% | |
| Q4 2019 | -3.9% | -16.0% | -50.2% | |
| Q3 2019 | +20.9% | +21.0% | +13.5% | |
| Q2 2019 | +5.8% | +3.2% | -10.3% | |
| Q1 2019 | -1.0% | -7.4% | -5.1% | |
| Q4 2018 | -18.9% | -21.3% | -19.3% | |
| Q3 2018 | +16.7% | +9.6% | +7.5% | |
| Q2 2018 | -2.5% | -8.2% | -13.0% | |
| Q1 2018 | -6.4% | -13.2% | -18.5% | |
| Q4 2017 | +5.6% | +8.2% | -5.9% | |
| Q3 2017 | +16.4% | +19.7% | +13.4% | |
| Q2 2017 | +11.0% | +6.9% | +7.0% | |
| Q1 2017 | -13.2% | -15.0% | -11.5% | |
| Q4 2016 | -15.0% | -14.5% | -15.7% | |
| Q3 2016 | -9.5% | -9.6% | -14.2% | |
| Q2 2016 | -0.2% | +1.0% | +8.6% | |
| Q1 2016 | +4.1% | +6.6% | +6.2% | |
| Q4 2015 | +5.6% | — | — | |
| Q3 2015 | +4.3% | — | — | |
| Q2 2015 | -11.0% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | -0.8% | — | — | |
| Q2 2014 | -9.9% | — | — | |
| Q1 2014 | -16.9% | — | — | |
| Q4 2013 | -10.9% | — | — | |
| Q3 2013 | -0.3% | — | — | |
| Q2 2013 | +1.5% | — | — | |
| Q1 2013 | -1.0% | — | — | |
| Q3 2012 | -0.3% | — | — | |
| Q2 2012 | -0.8% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q4 2011 | +1.4% | — | — | |
| Q3 2011 | -7.8% | — | — | |
| Q2 2011 | +3.1% | — | — | |
| Q1 2011 | -1.1% | — | — | |
| Q4 2010 | +2.8% | — | — | |
| Q3 2010 | -0.4% | — | — | |
| Q2 2010 | -1.0% | — | — | |
| Q1 2010 | +1.0% | — | — |
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