LNW News and Press, Light & Wonder Inc. From 08/09/22

Light & Wonder, Inc. (LNW) Q2 2022 Earnings Conference Call August 09, 2022, 16:30 ET Company Participants James Bombassei - SVP, IR Barry Cottle - CEO, President & Director Constance James - EVP, CFO, Principal Accounting Officer, Treasurer & Corpora...

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% com...

Reduced Principal Face Value of Debt Outstanding (1) to $4.0 Billion and Net Debt Leverage Ratio (2) to 3.6x Delivered Consolidated Revenue from Continuing Operations of $610 Million, Up 5% Year-Over-Year Returned $203 Million of Capital to Shareholde...

State Tax Revenue from iGaming Is Already Approaching Two Times that of Sports Betting Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,” “L&W” or the “Company”) today announced the release of an independent report, &#...

Light & Wonder, Inc. (NASDAQ: LNW), formerly known as Scientific Games Corporation (“Light & Wonder” or the “Company”), announced today it will release its financial results for the second quarter ended June 30, 2022 on Tuesday, August 9, 2022, after ...

Deutsche Bank lowered PlayAGS ( NYSE: AGS ) price target to $11 from $12 while maintaining its Hold rating; the rating is a part of the bank's target price changes for Gaming Equipment Suppliers including - International Game Technology ( IGT ) and Light & Wo...

New Partnership Expands OpenBet’s Sports Betting Technology and Presence in European Market The Las Vegas-based, leading cross-platform global game company Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder,” L&W” or the ...

Light & Wonder ( NASDAQ: LNW ) has amended its definitive purchase agreement relating to the sale of sports betting business, OpenBet, with Endeavor Operating Company and Endeavor Group Holdings ( NYSE: EDR ). Light & Wonder will now receive $750M in cash a...

Final Step to Streamline Portfolio and Become the Leading Cross-Platform Global Game Company Facilitates Path to Further De-Lever and Achieve Targeted Net Debt Leverage Ratio (1) Range of 2.5x to 3.5x Simplifies Path to Close and Modifies Valuation Generate...

Jefferies broke down the best defensive stocks for investors to consider in a tough macro economic backdrop with an eye on capital allocation. "Defensive sectors are among the strongest relative performing SPX sectors YTD, but a continuation in risk-off sentiment over the coming months could ...