Light & Wonder Q3 2024 Earnings Report
Key Takeaways
Light & Wonder reported a 12% increase in consolidated revenue, driven by strong performance across all businesses. The company maintained healthy earnings growth and returned $44 million to shareholders through share repurchases.
Gaming revenue increased by 15% primarily driven by global Gaming machine sales growth.
SciPlay revenue grew by 5% driven by the social casino business.
iGaming revenue grew by 6% reflecting continued momentum in North America.
Returned $44 million of capital to shareholders through the repurchase of approximately 0.4 million shares of L&W common stock during the third quarter of 2024.
Light & Wonder
Light & Wonder
Light & Wonder Revenue by Segment
Forward Guidance
The Company is providing a targeted Adjusted NPATA range between $565 million and $635 million for fiscal year 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income