Financial Data and Key Metrics Changes - The company reported consolidated revenue growth of 2% year over year to $774 million, marking the sixteenth consecutive quarter of revenue growth [21] - Net income increased to $82 million, with diluted net income per share rising to $0.94 from $0.88 in the prior year [22] - Consolidated EBITDA grew by 11% to $311 million, resulting in a consolidated EBITDA margin of 40%, a 300 basis point increase year over year [22][24] Business Line Data and Key Metrics Changes - Gaming revenue reached $495 million, a 4% increase, with EBITDA growing 9% to $254 million, reflecting a margin expansion of 200 basis points to 51% [24][26] - SciPlay revenue was $202 million, with EBITDA growing 3% to $64 million, representing a margin of 32% [27] - iGaming revenue increased by 4% to $77 million, with EBITDA growing 8% to a record $27 million [30] Market Data and Key Metrics Changes - The North American installed gaming base increased by approximately 500 units sequentially, with over 34,000 units now in operation [8][25] - Global gaming machine sales were $208 million, up 1% year over year, with a 26% increase in North American replacement market shipments [25][26] - The U.S. and Canada markets saw GGR increases of 3011% year over year, indicating strong market performance [14] Company Strategy and Development Direction - The company is focused on a comprehensive product roadmap and operational excellence, aiming for sustainable growth through R&D investments [5][6] - A strategic acquisition of Grover Gaming's charitable gaming asset is expected to enhance the company's role in the global gaming market [17][18] - The company plans to continue leveraging its diverse game franchises and first-party content to drive future growth [16][32] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the gaming industry's resilience despite potential macroeconomic challenges [6][7] - The company is committed to achieving its 2025 consolidated EBITDA target of $1.4 billion, despite tariff headwinds [35] - Management noted that GGR remains a critical metric, with strong performance observed across U.S. markets [86] Other Important Information - The company has implemented measures to mitigate tariff impacts, including diversifying the supply chain and pulling forward inventory [41][91] - The direct-to-consumer (DTC) platform has seen significant growth, now accounting for over 13% of revenue, with plans for further expansion [13][56] - The company is preparing for an upcoming Investor Day to discuss its fundamentals and growth strategy [19][20] Q&A Session Summary Question: Impact of tariffs on the business - Management indicated that tariffs are currently manageable, with strategies in place to mitigate costs and maintain targets [41][42][44] Question: U.S. Gaming operations yield - Management noted that weather-related factors impacted yields, but overall trading has returned to normal [50][51] Question: SciPlay business and DTC strategy - Management expressed excitement about a recent favorable ruling regarding alternative payment methods, which will support DTC growth [56][57] Question: International gaming business performance - Management acknowledged a decline in the international installed base but attributed it to tough comparisons from the previous year [62][63] Question: Update on dual listing exploration - Management confirmed ongoing discussions about an Australian listing but indicated a cautious approach due to market uncertainties [72][74] Question: Pathways to achieve EBITDA guidance - Management highlighted the importance of maintaining momentum in gaming operations and optimizing costs to reach the $1.4 billion EBITDA target [78][84]

Light & Wonder (LNW) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Welcome to the Light and Wonder twenty twenty five Third Quarter Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. Thank you. I will now turn the call over to Nick Zengari, Senior Vice President, Investor Relations and Treasury. Please go ahead. Speaker1 Thank you, operator, and welcome everyone to our first quarter twenty twe ...

First Quarter 2025 Earnings Presentation May 7, 2025 © 2025 LIGHT & WONDER Forward-Looking Statements SECTION TITLE, 10PT In this presentation, Light & Wonder makes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as "may," "will," "estimate," "intend," "plan," "continue," "believe," "expect," "anticipate ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-11693 LIGHT & WONDER, INC. (Exact name of registrant as specified in its charter) Nevada 81-0422894 (State or other jurisdiction of incorp ...

Light & Wonder, Inc. Reports First Quarter 2025 Results 16th Consecutive Quarter of Year-Over-Year Consolidated Revenue Growth with Expanded Margins Driving Strong Cash Flow Generation Added 2,900+ North American Gaming Operations Units Year-Over-Year and ~500 Units Sequentially Returned $166 million of Capital to Shareholders through Share Repurchases during the Quarter Strategic Acquisition of Grover Gaming's Charitable Gaming Business on Schedule LAS VEGAS — May 7, 2025 — Light & Wonder, Inc. (NASDAQ and ...

Core Insights - Light & Wonder (LNW) is expected to report quarterly earnings of $1.17 per share, reflecting a 25.8% increase year over year [1] - Analysts forecast revenues of $808.58 million, indicating a 7% year-over-year growth [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, suggesting stability in analysts' forecasts [1] Revenue Estimates - Revenue from SciPlay is projected to reach $222.59 million, representing an 8.1% increase year over year [3] - Revenue from Gaming is expected to be $511.28 million, showing a 7.4% increase from the previous year [4] - Revenue from iGaming is estimated at $81.40 million, indicating a 10% increase year over year [4] AEBITDA Estimates - AEBITDA for Gaming is anticipated to be $254.30 million, up from $232 million in the same quarter last year [4] - AEBITDA for iGaming is expected to reach $26.78 million, compared to $25 million in the same quarter last year [5] - AEBITDA for SciPlay is projected at $69.06 million, an increase from $62 million in the same quarter last year [5] Stock Performance - Over the past month, shares of Light & Wonder have increased by 18.3%, outperforming the Zacks S&P 500 composite, which rose by 11.5% [6] - Currently, LNW holds a Zacks Rank 3 (Hold), indicating that its performance may align with the overall market in the near future [6]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Light & Wonder, Inc. due to allegations of materially misleading business information issued to the investing public [1]. Group 1: Legal Actions and Implications - Shareholders who purchased Light & Wonder securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - A preliminary injunction was granted to Aristocrat Technologies against Light & Wonder, prohibiting the sale or commercialization of the "Dragon Train" product, which allegedly infringes on Aristocrat's intellectual property [3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Light & Wonder, Inc. due to allegations of materially misleading business information [1] Group 1: Legal Actions and Implications - Shareholders who purchased Light & Wonder securities may be entitled to compensation through a class action without any out-of-pocket fees [2] - A preliminary injunction was granted to Aristocrat Technologies against Light & Wonder, prohibiting the sale or commercialization of the "Dragon Train" product, which allegedly infringes on Aristocrat's intellectual property [3] - Following the news of the injunction, Light & Wonder's stock experienced a significant decline of 19.49% on September 24, 2024 [3] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [4] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [4]

Company Overview - Light & Wonder, Inc. is a leading developer of technology-based products and services for the gaming, social, and digital gaming industries globally, having changed its name from Scientific Games Corporation on April 28, 2022, to align with its vision of becoming a leading cross-platform global games company [11]. Zacks Rank and Style Scores - Light & Wonder is currently rated as a 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating a solid position in the market [12]. - The company has a Growth Style Score of B, forecasting a year-over-year earnings growth of 9.3% for the current fiscal year, supported by three analysts revising their earnings estimates higher in the last 60 days [12]. - The Zacks Consensus Estimate for Light & Wonder has increased by $0.10 to $5.76 per share, and the company boasts an average earnings surprise of 29.1% [12]. Investment Potential - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Light & Wonder is positioned as a potential top pick for growth investors [13].

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