Light & Wonder: This Gambling Tech Operator Transformed Into A Strong Sector Entry [Seeking Alpha]
Light & Wonder, Inc. (LNW)
Company Research
Source: Seeking Alpha
Light & Wonder has transformed into a tightly managed, innovative leader in the gaming equipment and systems space. The company has sold off non-core businesses and focused on its remaining verticals, leading to strong financial performance in FY23. Above: The FY saw sharp increases in revenue, AEBITDA across every one of the verticals in the LNW portfolio. The trail from Scientific Games to Light & Wonder We go way back with Light & Wonder, Inc. NASDAQ: LNW ) stock, though we have not covered it since 2022 (Hold rating) because of its lapse into a bad business model. We now resume coverage because the company has been transformed into a tightly managed, innovative leader in the gaming equipment and systems space. We expect continuing earnings beats ahead. We begin in the early 1980s when I had created the first-ever industry publication covering the entire spectrum of legal gambling in casinos, gaming equipment, horse racing, lotteries, and monitoring systems. One of our
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LNW
News
- Stay Ahead of the Game With Light & Wonder (LNW) Q1 Earnings: Wall Street's Insights on Key Metrics [Yahoo! Finance]Yahoo! Finance
- Bragg Gaming and Light & Wonder Agree to an International Distribution Deal [Yahoo! Finance]Yahoo! Finance
- Scientific Games Commemorates Official Ribbon-cutting for Advanced Instant Scratch Game Production Technology at Global Headquarters [Yahoo! Finance]Yahoo! Finance
- Light & Wonder Taps Trustly to Power Cashless Payments at Casinos [Yahoo! Finance]Yahoo! Finance
- Is Light & Wonder, Inc. (NASDAQ:LNW) Trading At A 30% Discount? [Yahoo! Finance]Yahoo! Finance
LNW
Earnings
- 2/27/24 - Miss
LNW
Sec Filings
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- LNW's page on the SEC website