- Brightstar Lottery‘s adjusted EBITDA from continuing operations in the second quarter was $274 million, exceeding the expected $266.2 million.
- The adjusted EBITDA margin from continuing operations stood at 43.5%, compared to the estimated 42.6%.
- Revenue from continuing operations was reported at $631 million, surpassing the forecasted $624.6 million.
- Adjusted EPS from continuing operations came in at 12 cents, below the anticipated 15 cents.
- Operating income from continuing operations was $139 million, which did not meet the estimate of $150 million.
- The company generated $265 million in operating cash flow from continuing operations.
- Free cash flow from continuing operations was $167 million, against an estimate of negative $595.1 million.
- For the year, Brightstar forecasts revenue from continuing operations to be approximately $2.50 billion, slightly revised from the previous $2.55 billion and matched with estimates.
- The company maintains its adjusted EBITDA forecast from continuing operations at about $1.10 billion, aligning closely with an estimate of $1.11 billion.
- CFO Max Chiara commented that the second-quarter results are indicative of a sustained global demand for their instant ticket and draw games.
- Analyst recommendations include 3 buy ratings, 5 hold ratings, and no sell ratings.
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Brightstar Lottery on Smartkarma
Analysts on Smartkarma are closely following Brightstar Lottery, previously known as International Gaming Technologies (IGT). Richard Howe, in a report titled “Brightstar Lottery (fka IGT) Capital Return is Better Than Expected,” highlighted the company’s announcement of a capital return program post the Apollo transaction. Brightstar will pay a $3 special dividend and initiate a $500 million stock buyback, with expectations of aggressive stock repurchases after the earnings report on July 29, 2025.
Additionally, Baptista Research provided insights into International Game Technology’s financial positioning, focusing on the lottery business. The analysis noted a decrease in revenue from $661 million to $583 million in the first quarter of 2025, mainly attributed to the absence of major jackpots in the U.S. This revenue variance underscores the volatility tied to jackpot activities affecting the company’s quarterly results. Analysts are monitoring these developments closely to assess the company’s performance moving forward.
A look at Brightstar Lottery Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
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Based on the Smartkarma Smart Scores, Brightstar Lottery is positioned for a stable long-term outlook. With a high Dividend score of 5 and balanced scores of 3 in Value, Growth, Resilience, and Momentum, the company shows strong potential for consistent returns to investors. Brightstar’s emphasis on dividends indicates a commitment to rewarding shareholders, while its overall scores suggest a well-rounded performance across key factors essential for sustained growth.
International Game Technology PLC, the parent company of Brightstar Lottery, is a leader in designing and distributing gaming technology worldwide. Through its diverse range of gaming equipment and services, International Game Technology PLC has established a solid foundation in the gaming industry. With Brightstar’s favorable Smart Scores profile, investors can anticipate a promising future trajectory for the company within the gaming sector.
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Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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