Light & Wonder

LNW

Capitalización de mercado USD 7029 M

Light & Wonder, Inc. ( LNW ) Q3 2025 Earnings Call November 5, 2025 4:30 PM EST Company Participants Rohan Gallagher - Executive VP & Global Chief Corporate Affairs Officer Matthew Wilson - CEO, President & Director Oliver Chow - Executive VP, CFO & Treasurer Conference Call Participants Barry Jonas - Truist Securities, Inc., Research Division Matthew Ryan - Barrenjoey Markets Pty Limited, Research Division Chad Beynon - Macquarie Research Andre Fromyhr - UBS Investment Bank, Research Division David Katz - Jefferies LLC, Research Division Rohan Sundram - MST Financial Services Pty Limited, Research Division William Fafinski Justin Barratt - CLSA Limited, Research Division Jeffrey Stantial - Stifel, Nicolaus & Company, Incorporated, Research Division Adrian Lemme - Citigroup Inc., Research Division Liam Robertson - Jarden Limited, Research Division Sriharsh Singh - BofA Securities, Research Division Presentation Operator Welcome to the Light & Wonder 2025 Third Quarter Earnings Conference Call. [Operator Instructions] I will now turn the call over to Rohan Gallagher, Executive Vice President, Global Chief Corporate Affairs.

While the top- and bottom-line numbers for Light & Wonder (LNW) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Light & Wonder (LNW) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.34 per share a year ago.

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, 2025. Light & Wonder delivered another quarter of strong earnings and cash flows underpinned by disciplined execution and game performance, while continuing to advance our robust content roadmap and cross-platform strategy, as demonstrated at G2E and AGE. Consolidated revenue of $841 million incre.

Here is our perspective on why Light & Wonder (LNW) stock merits attention as a value investment. It is presently trading approximately 32% lower than its 1-year peak and is also trading at a PS multiple that is below the average from the past 3 years.

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today provided notice to The Nasdaq Stock Market LLC (the “Nasdaq”) of our intention to delist our common stock from the Nasdaq in order to transition to a sole primary listing of our common stock on the Australian Securities Exchange (the “ASX”). Consistent with our previous announcements, our decision to transition to a sole primary listing on the ASX reflects ou.

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) is providing an update on today's ruling from the Nevada Court regarding the ongoing litigation with Aristocrat. The Nevada Court heard argument today and granted Aristocrat's renewed motion to obtain discovery of math models for certain Light & Wonder hold and spin games released since 2021, when Emma Charles joined the company. The Court previously denied a s.

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today is providing an update regarding its previously announced intention to delist its common stock from the Nasdaq Stock Market (“Nasdaq”) and transition to a sole primary listing on the Australian Securities Exchange (“ASX”). The Company confirms that delisting from Nasdaq is expected to take effect prior to open of trading on November 13, 2025 (EST)1. Timetable.

Light & Wonder (LNW) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today that it will release its financial results for the third quarter of 2025, on Wednesday, November 5, 2025, after the U.S. markets close, and before the ASX opens on Thursday, November 6, 2025. The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time and 8:30 a.m. Australian Daylight Savings Time to discus.