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Light & Wonder (LNW) Q3 Earnings Beat Estimates
ZACKS· 2024-11-13 00:15
Light & Wonder (LNW) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $0.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.52%. A quarter ago, it was expected that this instant-win lottery ticket maker would post earnings of $1.04 per share when it actually produced earnings of $1.42, delivering a surprise of 36.54%.Over the last four ...
Light & Wonder(LNW) - 2024 Q3 - Quarterly Report
2024-11-12 21:36
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 September 30, 2024 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 in ...
Light & Wonder: Legal Woes Ironically Could Make This A Strong Buy On The Dip Opportunity
Seeking Alpha· 2024-11-04 23:24
Group 1 - The House Edge is recognized as a unique marketplace service in the casino, gaming, and online sports betting sectors, providing superior returns through insider information and industry expertise [1][3] - Constant innovation in slot machines is essential for maintaining established player engagement and attracting younger demographics, which is identified as a strength of LNW [2] - Howard Jay Klein, with 30 years of experience in major casino operations, leads The House Edge and focuses on value investing by assessing management quality [3]
LNW INVESTOR NEWS: Light & Wonder Inc. Investors that Suffered Losses Are Encouraged to Contact Rosen Law About Ongoing Investigation into the Company – LNW
GlobeNewswire News Room· 2024-10-31 19:15
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate Light & Wonder, Inc. (NASDAQ: LNW) for potential violations of the federal securities laws. If you invested in Light & Wonder securities, you are encouraged to obtain additional information by visiting https://rosenlegal.com/case/light-wonder-inc/. Why did Light & Wonder’s Stock Drop? On September 24, 2024, the Las Vegas Review-Journal published an article entitled “Slot manufacturer score ...
LNW BREAKING NEWS: Light & Wonder Inc. Investors that Suffered Losses Are Encouraged to Contact Rosen Law About Ongoing Investigation into the Company – LNW
GlobeNewswire News Room· 2024-10-28 21:48
Core Insights - Light & Wonder, Inc. is under investigation by Rosen Law Firm for potential violations of federal securities laws [1] - The company's stock price dropped by 19.49% on September 24, 2024, following a legal ruling against it regarding trade-secret and copyright infringement [2] Legal Context - Aristocrat Technologies Inc. was granted a preliminary injunction against Light & Wonder, prohibiting the sale and commercialization of its "Dragon Train" product, which allegedly infringes on Aristocrat's intellectual property [2] Investor Actions - Investors in Light & Wonder are encouraged to seek legal options and can submit their information to Rosen Law Firm for potential representation on a contingency fee basis [4][5]
Light & Wonder Inc. Announcement: If You Have Suffered Losses in Light & Wonder, Inc. (NASDAQ: LNW), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2024-10-24 17:26
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingen ...
Light & Wonder (LNW) Faces Scrutiny Over Gaming Revenue Claims- Hagens Berman
GlobeNewswire News Room· 2024-10-21 21:54
Core Viewpoint - Light & Wonder's shares are under pressure due to a court ruling questioning the legality of its Dragon Train® slot machines, raising concerns about the company's disclosures regarding its revenue growth and success [1][2] Company Overview - Light & Wonder is a leading gaming technology company facing legal challenges from competitor Aristocrat Technologies, which alleges misappropriation of trade secrets related to the development of Dragon Train® [1][2] - The court ruling indicated that Aristocrat is likely to succeed in proving Light & Wonder's wrongdoing, suggesting the company gained an unfair advantage [1] Financial Impact - Following the court ruling, Light & Wonder's share price dropped by 19% on September 24, 2024, resulting in a loss of approximately $1.9 billion in shareholder value [2] - The law firm Hagens Berman is investigating whether Light & Wonder misled investors about the legality and propriety of its reported gaming revenue growth [2] Legal Investigation - Hagens Berman is examining the circumstances surrounding the development of Dragon Train® and the company's disclosures [2] - The investigation also involves two former designers from Aristocrat who worked on a similar product, raising questions about the originality of Dragon Train® [2]
LNW INVESTOR NEWS: Light & Wonder, Inc. Investors that Suffered Losses are Encouraged to Contact RLF About Ongoing Investigation into the Company (Nasdaq: LNW)
GlobeNewswire News Room· 2024-10-18 23:14
Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Light & Wonder, Inc. for possible violations of federal securities laws [1] - Shareholders who purchased Light & Wonder securities may be entitled to compensation through a class action without any out-of-pocket fees [1] - The firm is preparing a class action to seek recovery of investor losses [1] Group 2 - Light & Wonder's stock dropped 19.49% on September 24, 2024, following a ruling that granted Aristocrat Technologies a preliminary injunction against Light & Wonder [2] - The injunction prohibits Light & Wonder from selling or commercializing its Dragon Train product, which is claimed to infringe on Aristocrat's intellectual property [2] Group 3 - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company and has been ranked highly for its success in this area [3] - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its capability in recovering investor losses [3]
Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
Prnewswire· 2024-10-17 22:03
NEW YORK, Oct. 17, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. So What: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fe ...
Light & Wonder (LNW) Faces Scrutiny Over Gaming Revenue Claims - Hagens Berman
GlobeNewswire News Room· 2024-10-17 16:18
SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Shares in Light & Wonder, a leading gaming technology company, are under pressure following a recent court ruling that questioned the legality of its popular Dragon Train® slot machines. The ruling has raised questions about the propriety of Light & Wonder's disclosures regarding the success of Dragon Train® and its prospects for continued revenue growth. Hagens Berman encourages Light & Wonder, Inc. (NASDAQ: LNW) investors who suffered substantial losses to ...