IGT reports net loss of $2m in Q3 results

International Game Technology report a net loss of $2m in the third quarter results of 2016, reflecting $21m in primary non-cash foreign exchange losses. The report shows that the gaming and lottery supplier’s operating income increased 26% to $164m from $130m in the third quarter of 2015. Adjusted operating income grew 9% to $286m, from $261m, as higher lottery profits were partially offset by the timing of bad debt expense, investment in th...