Light & Wonder Q4 revenue $770M (+13%), net income $67M; full year record $2.9B

Light & Wonder, Inc.

2023-FY EPS reported $1.75 revenue$2,902,000,000

Q4 revenue $770M (+13% YoY); full year revenue $2.9B (+16% YoY), both records.
Q4 net income $67M vs $21M; full year net income $180M vs loss of $176M in prior year.
Gaming revenue $496M (+13%), SciPlay $204M (+12%), iGaming $70M (+13%).
Returned $170M to shareholders via share repurchases in 2023; net debt leverage 3.1x.
Term Loan B repriced Jan 2024, reducing interest rate 35bp, saving ~$8M annually.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Light & Wonder, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Period: the fourth quarter and fiscal year ended December 31, 2023
Result: reported results

Exact text from the filing

Light & Wonder, Inc. (the “Company”) issued a press release announcing, among other things, results for the three months and year ended December 31, 2023.

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Light & Wonder, Inc. filing history →

Source: SEC EDGAR

accession 0000750004-24-000013

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