LNW - Light & Wonder GAAP EPS of -$1.62 misses by $1.67 revenue of $610M beats by $13.93M
- Light & Wonder press release ( NASDAQ: LNW ): Q2 GAAP EPS of -$1.62 misses by $1.67 .
- Revenue of $610M (+5.0% Y/Y) beats by $13.93M .
- Consolidated AEBITDA from continuing operations, a non-GAAP financial measure defined below, was $212M, a decline of 9% compared to the prior year period.
- Combined net cash (used in) provided by operating activities was -$37M compared to $149M in the prior year period.
- Net debt leverage ratio, a non-GAAP financial measure defined below, declined to 3.6x from 6.1x since March 31, 2022, following the sale of the Lottery business and the subsequent refinancing transaction in April of 2022.
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Light & Wonder GAAP EPS of -$1.62 misses by $1.67, revenue of $610M beats by $13.93M