Light & Wonder Q1 revenue up 17% YoY, record SciPlay and iGaming revenue

Light & Wonder, Inc.

2023-Q1 EPS reported $0.23 revenue$670,000,000

Consolidated revenue $670M, +17% YoY; Gaming revenue $419M (+18%), driven by 53% growth in machine sales.
SciPlay record revenue $186M (+18% YoY); iGaming record revenue $65M (+10% YoY), led by U.S. market.
Net debt leverage ratio at 3.1x, within targeted range; principal debt outstanding $3.9B.
Board approved secondary listing on Australian Securities Exchange, expected to enhance shareholder access.
Strong cash flows and operational excellence cited; company reaffirmed long-term financial targets.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Light & Wonder, Inc. reported financial results for the first quarter ended March 31, 2023.

Period: the first quarter ended March 31, 2023
Result: reported results

Exact text from the filing

Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,” “L&W,” or the “Company”) today reported results for the first quarter ended March 31, 2023.

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Light & Wonder, Inc. filing history →

Source: SEC EDGAR

accession 0000750004-23-000013

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