StockNews.AI
LNW
StockNews.AI
175 days

Light & Wonder, Inc. Reports Fourth Quarter and Full Year 2024 Results

1. LNW reported Q4 and FY2024 record revenue: $3.2B, 10% increase. 2. Advancement toward 2025 targets signals strong operational performance.

+6.88%Current Return
VS
+0.04%S&P 500
$101.6302/25 04:43 PM EDTEvent Start

$108.6202/26 11:27 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The record revenue and consistent 10% growth indicate robust financial health, similar to past periods when companies meeting aggressive targets experienced stock rallies. Historical earnings beats in the gaming sector have driven share price gains, suggesting positive momentum.

How important is it?

Given the significant revenue milestone and effective execution of financial targets, the announcement is highly relevant and likely to positively influence LNW’s share price. The strong results reinforce investor confidence and impact competitive comparisons in gaming technology.

Why Long Term?

The company's clear strategic progression toward 2025 targets and record performance typically influences long-run investor sentiment and valuation, as seen in similar earnings announcements within the industry.

Related Companies

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today reported results for the fourth quarter and fiscal year ended December 31, 2024. We closed another strong year, delivering record financial and operational performance and continuing our advancement toward our 2025 financial targets. For the full year 2024, the Company delivered: Record full year consolidated revenue of $3.2 billion, increasing 10%, with annu.

Related News