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Brightstar Lottery reports Q3 adjusted EPS 36c, consensus 29c

Reports Q3 revenue $629M, consensus $633.88M. “We achieved many milestones in Q3: closing the IGT Gaming sale for $4 billion in cash, executing our shareholder return plans, and completing the refocusing of the Company as a lottery pure play,” said Vince Sadusky, CEO of Brightstar. “The better-than-expected Q3 revenue and profit results reflect a significant acceleration of same-store sales across all geographies. For nearly 50 years, our innovative products and services have helped our customers excel. The 2028 financial targets we are introducing today reflect a stronger organic growth profile that we believe will drive compelling, incremental value over the next few years.”

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