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home / news releases / scientific games rallies on significant quarter perf

SGMS - Scientific Games rallies on significant quarter performance led by gaming sector upbeat

Scientific Games Corp
Scientific Games (SGMS +12.4%) Q4 revenue surged 21% as revenue from U.S. surged 112% Y/Y; SciPlay delivered second highest revenue quarter ever with growth in key payer metrics; iGaming revenue increased 15% and SciPlay revenue was $154M (+5% Y/Y). Legal name change to Light & Wonder is expected to be changed during Q2; ticker symbol will be changed to LNW and will continue its Nasdaq listing. The company now rebranded as Light & Wonder, is moving rapidly to execute on its vision with a singular focus to be the leading cross-platform global game company, accelerating efforts to de-lever and invest for sustainable growth. Net income from continuing operations was $62M compared to a net loss of $143M in the prior year. Consolidated AEBITDA from continuing operations stood at $216M compared to $129M in year ago quarter led by double-digit AEBITDA growth in Gaming and iGaming. Combined free cash flow stood at $100M, a

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Scientific Games rallies on significant quarter performance led by gaming sector upbeat
Stock Information
Company Name: Scientific Games Corp
Stock Symbol: SGMS
Market: NASDAQ
Website: scientificgames.com
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