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Mar 31, 2023
Light & Wonder Q1 2023 Earnings Report
Light & Wonder reported consolidated revenue growth, driven by double-digit growth across all businesses, including record revenues for SciPlay and iGaming.
Key Takeaways
Light & Wonder's Q1 2023 results showed strong momentum with a 17% increase in consolidated revenue, driven by growth across all businesses. SciPlay and iGaming achieved record revenues. The company's net debt leverage ratio was 3.1x, within the targeted range.
Consolidated revenue grew by 17% year-over-year.
Gaming revenue increased by 18%, driven by Gaming machine sales.
SciPlay and iGaming both achieved record quarterly revenue.
Net debt leverage ratio was 3.1x, within the targeted range.
Light & Wonder
Light & Wonder
Light & Wonder Revenue by Segment
Forward Guidance
Preparing for potential Australian Securities Exchange (“ASX”) secondary listing.