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Sep 30, 2023
Light & Wonder Q3 2023 Earnings Report
Light & Wonder achieved tenth consecutive quarter of consolidated revenue growth, driven by double-digit growth across all businesses.
Key Takeaways
Light & Wonder reported a 13% increase in consolidated revenue for the third quarter of 2023, marking the tenth consecutive quarter of growth. This growth was fueled by double-digit increases across all business segments, including record revenues for SciPlay. The company also refinanced senior unsecured notes, extending their maturity to 2031, and returned $112 million to shareholders through share repurchases.
Consolidated revenue increased by 13% year-over-year, marking the tenth consecutive quarter of growth.
Double-digit growth was achieved across all business segments.
SciPlay achieved another quarter of record revenue, and iGaming revenue held at record levels.
The company refinanced debt, extending maturity to 2031, and repurchased $112 million in shares.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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