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Light & Wonder's first-quarter revenue increased by 2% to $774 million, with an expanded profit margin in gaming.

Light & Wonder's first-quarter revenue increased by 2% to $774 million, with an expanded profit margin in gaming.

Light & Wonder has started 2025 with steady revenue growth, achieving a 2% year-over-year increase in total revenue for the first quarter, reaching $774 million. This marks the 16th consecutive quarter of year-over-year revenue growth, thanks to the robust performance of its gaming and iGaming divi

31like·0commentA week ago
Light & Wonder enhanced by Grover purchase, Truist analyst says

Light & Wonder enhanced by Grover purchase, Truist analyst says

Truist Securities analyst Barry Jonas applauded Light & Wonder’s acquisition of Grover Gaming in a February 19 investor note, “Move over Big Bird.” Jonas opined that Light & Wonder will be enhanced by the purchase “as the company looks to further penetrate adjacent markets.”Per Jonas’s outlo

31like·0comment02-19
Light & Wonder brass laud synergies, new markets in Grover deal

Light & Wonder brass laud synergies, new markets in Grover deal

“We’re extremely excited by the news,” said Light & Wonder CEO Matt Wilson of his company’s February 18 acquisition of Grover Gaming. So excited was Wilson that he began the evening conference call by greetging the assembled Wall Street analysts with a hearty “Good morning!”Much of the call was

34like·0comment02-19

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