Loading...
•
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.
Revenue by Segment
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...