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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
The press release does not contain any forward guidance. Therefore, this section is left empty.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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