Light & Wonder Posts Higher Q4 2024 Earnings as Revenue Rises

MT Newswires Live
02-26

Light & Wonder (ASX:LNW) reported Wednesday that its attributable earnings per diluted share in the fourth quarter rose to $1.20 from $0.73 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting EPS of $0.89.

Adjusted net profit after tax and amortization per share rose to $1.42 from $1.19 a year earlier.

Revenue for the three months Dec. 31, 2024, was $797 million, up from $770 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected $800.8 million.

The gaming manufacturer expects first quarter 2025 consolidated adjusted earnings before interest, taxes, depreciation, and amortization growth in the low double digits.

The board did not declare a dividend.

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