Light & Wonder
🇺🇸 NASDAQ:LNW
•
Dec 31, 2024
Light & Wonder Q4 2024 Earnings Report
Light & Wonder reported increased revenue and earnings in Q4 2024.
Key Takeaways
Light & Wonder, Inc. reported strong performance in Q4 2024 with revenue growth of 4% year-over-year and improvements in net income and earnings per share. The company benefited from growth in gaming operations, systems, and table products.
Revenue increased 4% year-over-year to $797 million.
Net income rose to $107 million, up from $67 million in Q4 2023.
EPS increased by 64% to $1.20 compared to $0.73 in Q4 2023.
Consolidated AEBITDA increased 4% to $315 million.
Light & Wonder Revenue
Light & Wonder EPS
Light & Wonder Revenue by Segment
Light & Wonder Revenue by Geographic Location
Forward Guidance
Light & Wonder anticipates continued growth in 2025 driven by gaming systems expansion and new strategic initiatives.
Positive Outlook
- Continued expansion of gaming systems.
- Strategic acquisition of Grover Gaming’s charitable business.
- Increased recurring revenue base.
- Continued growth in global gaming operations.
- Maintained focus on R&D investment.
Challenges Ahead
- Potential risks from currency fluctuations.
- Increased operating expenses anticipated.
- Higher capital expenditure investments.
- Market risks due to competitive pressures.
- Impact of macroeconomic conditions on demand.