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Dec 31, 2023
Light & Wonder Q4 2023 Earnings Report
Light & Wonder demonstrated strong financial performance in Q4 2023, achieving double-digit growth across all businesses and marking the 11th consecutive quarter of consolidated revenue growth.
Key Takeaways
Light & Wonder reported a strong fourth quarter and full year 2023, with record full year results driven by double-digit growth across all business segments. The company achieved its 11th consecutive quarter of consolidated revenue growth, with a 13% increase in the quarter and 16% for the full year. Light & Wonder also maintained a healthy balance sheet and returned $170 million of capital to shareholders through share repurchases during 2023.
Light & Wonder achieved its 11th consecutive quarter of consolidated revenue growth, with a 13% increase in Q4.
Gaming revenue increased by 13%, driven by robust Gaming machine sales growth.
SciPlay revenue rose by 12%, breaking a quarterly revenue record for the sixth consecutive quarter.
iGaming revenue increased by 13%, reflecting continued growth momentum in the U.S. and international markets.
Revenue by Segment
Forward Guidance
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Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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