Business Context and Reporting Period
This Form 6-K filing by International Game Technology PLC (IGT) covers the period ending November 14, 2019. The filing primarily serves to disseminate the Company's financial results for the third quarter ended September 30, 2019, which were announced on November 14, 2019. Note: The metadata provided in the request lists "Brightstar Lottery PLC," but the filing text explicitly identifies the registrant as International Game Technology PLC.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced news release (Exhibit 99.1) and slide presentation (Exhibit 99.2), which are not included in the provided text.
Dividend Declaration: The Board of Directors declared an interim cash dividend of $0.20 per share on ordinary shares. The dividend is payable on December 13, 2019, to holders of record as of the close of business on November 29, 2019.
Material Changes and Corporate Actions
- Observer Agreement Renewal: On November 12, 2019, the Company's directors approved a renewal of the Observer Agreement with De Agostini S.p.A. for a two-year term.
- Observer Appointment: Paolo Ceretti, a former director, was reappointed as the observer by De Agostini under the renewed agreement.
- Expiration: The renewed agreement expires following the directors' meeting reviewing the third-quarter 2021 financial results.
Guidance, Outlook, and Risks
The provided text does not contain specific guidance, outlook statements, management commentary on risks, contingencies, or unusual items. Such details are referenced as being available in the attached news release and presentation slides.
Investor Verification Checklist
- Verify the specific Q3 2019 revenue, net income, and cash flow figures in the attached news release (Exhibit 99.1).
- Confirm the record date (November 29, 2019) and payment date (December 13, 2019) for the $0.20 per share interim dividend.
- Review the slide presentation (Exhibit 99.2) for segment performance and forward-looking guidance.
- Confirm the terms of the renewed Observer Agreement with De Agostini S.p.A. regarding board observer rights.