Slot machine maker International Game Technology on Thursday said quarterly profit rose 94 percent as it generated record cash flow from operations.

Net income in its fiscal fourth quarter that ended Sept. 30 rose to $105.4 million, or 30 cents per share, from $54.3 million, or 15 cents a share, a year earlier, which included costs such as early retirement of debt and a tax adjustment.

For the latest quarter, Reno, Nevada-based IGT reported an adjusted profit of 30 cents a share, meeting analysts' expectations.

"We generated record cash flow from operations and returned $520.6 million to shareholders in the form of share repurchases and dividends," Chief Executive TJ Matthews said in a statement.

"We achieved record gaming operations, revenues and our international operations delivered another record-breaking year in terms of revenues, operating income and machine shipments," he said.

IGT said revenue fell 2.27 percent to $607.61 million.

So far this year, the company's shares have fallen about 24 percent, compared with a roughly 7 percent decline in the SIG Casino Gaming Index.

IGT owned and operated gaming machines in several casinos along the U.S. Gulf Coast that were shut down by Hurricanes Katrina and Rita.

The closure of Gulf Coast area casinos in the wake of the hurricanes negatively impacted operating income results by about $14.9 million, pretax, the company said.

In addition, the company's sales pace has slowed this year after a period of strong growth when casinos switched from older coin-based slots to machines that issue paper ticket.

Shares of IGT traded at $26.51 on the Inet electronic brokerage, up 1.8 percent from its close on Wednesday on the New York Stock Exchange.