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Stock impact report

Light & Wonder, Inc. Reports Third Quarter 2024 Results

Light & Wonder, Inc. (LNW) 
Company Research Source: Business Wire
Continued Double-Digit Consolidated Revenue Growth, an Increase of 12% Year-Over-YearMaintained Healthy Balance Sheet and Committed to $1.4 Billion FY 2025 Consolidated AEBITDA Target(1)Demonstrated Diversity and Strength of Game Portfolio across Our Business at G2E and AGEAdded to the S&P/ASX 100 Index on September 25, 2024 LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today reported results for the third quarter ended September 30, 2024.We maintained strong momentum in the third quarter and delivered our 9th consecutive quarter of double-digit consolidated revenue growth year-over-year, sustainable cash flow generation and returned $44 million to shareholders through share repurchases, while continuing our advancement toward our long-term financial targets. Consolidated revenue increased 12%, driven by strong performance across all our businesses, maintaining healthy earnings growth:Gaming revenue increased Show less Read more
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