Light & Wonder, Inc. reported its financial results for the fourth quarter and full year ended December 31, 2024, on February 25, 2025. For the fourth quarter, consolidated revenue increased by 3.5% year-over-year to $797 million, aligning with market expectations. The company posted a net income of $107 million, with a GAAP profit of $1.20 per share, which surpassed analysts' consensus estimates by 23.4%.
For the full fiscal year 2024, Light & Wonder achieved consolidated revenue of $3.19 billion, representing a 9.9% increase compared to fiscal year 2023. This consistent growth underscores the effectiveness of the company's strategic execution and operational focus across its diversified segments. The strong performance reflects continued momentum in its core businesses.
Light & Wonder also reaffirmed its 2025 $1.4 billion Consolidated AEBITDA Target, signaling confidence in its future financial trajectory. These results demonstrate the company's ability to deliver on its financial objectives and maintain a strong operational foundation as it continues to execute its transformation strategy.
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