Description
Light & Wonder, Inc specializes in gaming, with a focus on content creation and digital markets. Its revenue streams stem from providing gaming content, machines, CMSs, and table game products to licensed gaming establishments.
This extensive document encompasses general information, highlights and metrics, business outlook, financial statements and news.
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the Q1FY24 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q1FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the Q1FY24 report with the reports from previous quarters of the current fiscal year and Q1FY23;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- L&W - Light & Wonder, Inc;
- FY - Financial Year;
- Q - Quarter;
- QoQ - Quarter-over-Quarter;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Light & Wonder Annual Report Period is from January 1 to December 31, 2024;
- The specified financial year coincides with the calendar year.
Short Insights
Insights distilled from the report:
- Light & Wonder offers social casino and mobile games, digital gaming content, and services.
- In Q1FY24, Light & Wonder, Inc inked a deal with Everi Digital, facilitating expansion into the UK, Europe, and South America. Meanwhile, SciPlay established a two-year partnership with Austin FC, concurrent with Michael Marchetti joining the Light & Wonder Board of Directors.
- During Q1FY24, the company's shares on NASDAQ fluctuated within the range of 76.52 USD to 108.90 USD.
