Light & Wonder, Inc., a Nevada-based company specializing in computer-integrated systems design, has disclosed regulatory information to the Australian Securities Exchange (ASX) as of Monday. According to a recent filing with the U.S. Securities and Exchange Commission (SEC), the company, which is listed on the NASDAQ under the ticker LNW, provided the ASX with a Statement of CHESS Depositary Interests on Issue (Appendix 4A) on January 8, 2025.
In other recent news, Light & Wonder, Inc., known for its robust performance in the computer-integrated systems design sector, has recently disclosed an update to its Australian Securities Exchange (ASX) filing. This routine measure, known as Appendix 4A, ensures compliance with international securities regulations without altering the company's financial position or reflecting any significant changes to its operations.
In financial highlights, Light & Wonder reported a 12% year-over-year increase in its Q3 2024 revenue, reaching $817 million. This marks the company's 14th consecutive quarter of growth, with the gaming segment showing a significant 15% revenue boost, primarily driven by a 38% rise in global gaming machine sales. The company also reported a consolidated AEBITDA of $319 million and an Adjusted NPATA increase of 23% to $122 million.
Recent developments indicate that the company anticipates low single-digit AEBITDA growth for Q4 2024 but expects to return to normalized growth in 2025. Analysts have highlighted the company's diversified portfolio, maintaining the number one ship share in the Australian market, and a leading market share in Asia.
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