earnings
confidence high
sentiment positive
materiality 0.75
Light & Wonder Q1 revenue up 13% to $756M; all segments post double-digit growth
Light & Wonder, Inc.
2024-Q1 EPS reported
$0.88
revenue$756,000,000
- Gaming revenue $476M (+14% YoY) driven by 30% increase in global Gaming machine sales.
- SciPlay revenue record $206M (+11% YoY); iGaming record $74M (+14% YoY).
- Net income attributable to L&W $82M vs $22M a year ago; net debt leverage ratio 3.0x.
- Returned $25M to shareholders via share repurchases in Q1; $600M total since program start.