Light & Wonder Q1 2021 Earnings Report
Key Takeaways
Scientific Games reported first quarter 2021 results with a 1% increase in consolidated revenue to $729 million. Lottery, SciPlay and Digital businesses delivered double-digit revenue growth. Net loss was $9 million, and free cash flow increased to $80 million.
Consolidated revenue increased driven by double-digit growth at Lottery, SciPlay and Digital
Continued operational progress in strategic initiatives
Disciplined cost and balance sheet management, generated $123 million of operating cash flow and $80 million of free cash flow
The Company made a $150 million voluntary repayment on SGI's revolving credit facility subsequent to quarter-end.
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Light & Wonder Revenue by Segment
Forward Guidance
Scientific Games executive leadership will host a conference call on Monday, May 10, 2021, at 8:00 a.m. EDT to review the Company's first quarter results.
Revenue & Expenses
Visualization of income flow from segment revenue to net income