NASDAQ$LNWO

Light & Wonder Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Light & Wonder reported increased revenue and earnings in Q4 2024.

Light & Wonder, Inc. reported strong performance in Q4 2024 with revenue growth of 4% year-over-year and improvements in net income and earnings per share. The company benefited from growth in gaming operations, systems, and table products.

  • Revenue increased 4% year-over-year to $797 million.
  • Net income rose to $107 million, up from $67 million in Q4 2023.
  • EPS increased by 64% to $1.20 compared to $0.73 in Q4 2023.
  • Consolidated AEBITDA increased 4% to $315 million.

Headline financials

Total Revenue

$797M

Previous: $771M+3.4%
EPS (adj)

$1.42

Previous: $0.73+94.5%
SciPlay ARPDAU

$1.06

Previous: $1.00+6.0%
SciPlay AMRPPU

$117.15

Previous: $113.73+3.0%
iGaming Wagers

$24B

No prior period
Avg Machine Sales Price

$18.7K

Previous: $15.5K+20.6%
NA Units Shipped

6.0K

No prior period
Capital Expenditures

-$70M

Previous: -$60M-16.7%
Net Income

$107M

Previous: $67M+59.7%
Operating Income

$168M

Previous: $155M+8.4%
Gross Profit

$469M

Previous: $451M+4.0%
R&D Expense

$68M

Previous: $60M+13.3%

Revenue & EPS history

Light & Wonder · Revenue · Quarterly

$797M

Q4 2024+3.4%vs Q4 2023
Beat estimate in 8 of 13 quarters(62%)
ActualEstimate

Revenue by segment

Light & Wonder · $266M total across 2 segments · Q3 2023

  • SciPlay
    $196M+14.6%
  • iGaming
    $70M+20.7%

Forward guidance

Light & Wonder anticipates continued growth in 2025 driven by gaming systems expansion and new strategic initiatives.

Tailwinds

  • Continued expansion of gaming systems.
  • Strategic acquisition of Grover Gaming’s charitable business.
  • Increased recurring revenue base.
  • Continued growth in global gaming operations.
  • Maintained focus on R&D investment.

Headwinds

  • Potential risks from currency fluctuations.
  • Increased operating expenses anticipated.
  • Higher capital expenditure investments.
  • Market risks due to competitive pressures.
  • Impact of macroeconomic conditions on demand.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.1%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+0.0%

Avg return

30 days after

51%

35 / 68 earnings

Positive

+41.5%

Q2 2017

Best reaction

-19.5%

Q1 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%+1.0%-1.2%
Q4 2025-2.7%-7.6%-14.6%
Q3 2025+8.7%+22.0%+33.2%
Q1 2025-14.0%-5.3%-7.1%
Q4 2024+6.9%+7.9%-12.3%
Q3 2024-10.9%-10.0%-9.8%
Q2 2024+1.6%-0.4%+4.3%
Q1 2024-6.4%-5.9%-0.2%
Q4 2023+2.5%+7.8%+7.4%
Q3 2023+8.9%+8.9%+5.4%
Q2 2023+2.4%+3.9%+4.3%
Q1 2023+2.5%+4.4%+13.2%
Q4 2022+0.9%-0.2%-4.1%
Q3 2022+3.0%+9.2%+13.8%
Q2 2022+3.1%+8.2%-10.8%
Q1 2022+0.3%+9.2%+12.1%
Q4 2021-1.4%-5.6%-6.6%
Q3 2021-2.3%-8.8%-20.1%
Q2 2021+5.1%+9.1%+10.8%
Q1 2021-0.1%+4.3%+34.4%
Q4 2020+6.8%-1.2%-17.7%
Q3 2020-0.2%-1.2%+7.6%
Q2 2020+5.0%+5.8%+21.7%
Q1 2020-11.4%-10.6%+27.4%
Q4 2019-16.4%-17.6%-83.7%
Q3 2019+20.6%+16.6%+5.5%
Q2 2019+0.5%-1.7%-9.6%
Q1 2019+8.6%+6.6%-3.5%
Q4 2018+9.8%+11.5%-19.9%
Q3 2018+4.0%-4.9%-20.9%
Q2 2018-17.7%-27.6%-36.9%
Q1 2018-3.4%-3.1%+11.1%
Q4 2017-12.1%-12.5%-9.6%
Q3 2017+1.7%+1.4%+11.7%
Q2 2017+41.5%+44.1%+29.4%
Q1 2017+3.7%-0.4%+4.1%
Q4 2016+7.4%+3.1%+12.9%
Q3 2016+0.9%+7.0%+31.3%
Q2 2016-11.8%-13.1%-12.6%
Q1 2016-6.7%
Q4 2015+38.7%
Q3 2015-18.8%
Q2 2015-15.9%
Q1 2015-4.8%
Q4 2014-10.6%
Q3 2014+22.9%
Q2 2014-2.7%
Q1 2014-19.5%
Q4 2013+18.0%
Q3 2013+4.1%
Q2 2013+7.8%
Q1 2013-6.2%
Q4 2012-6.9%
Q3 2012-16.2%
Q2 2012-19.4%
Q1 2012+2.4%
Q4 2011-15.8%
Q2 2011-15.8%
Q3 2011+6.3%
Q1 2010-0.4%
Q1 2011+3.4%
Q4 2010+5.5%
Q4 2008+5.5%
Q2 2010+5.5%
Q3 2010-1.1%
Q3 2009-1.1%
Q2 2009-4.7%
Q4 2009-4.7%

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