Light & Wonder Reports Q3 Non-GAAP EPS of $2.12 and Revenue of $824 Million
Light & Wonder (LNWO) has released its third-quarter financial results, reporting a non-GAAP earnings per share (EPS) of $2.12. The company's revenue for the quarter reached $824 million, representing a 2.0% decrease compared to the same period last year. Looking ahead at full-year guidance, the company expects consolidated AEBITDA growth to trend toward the lower end of its previously projected mid-to-high single-digit range. Despite this slight deceleration in EBITDA expectations, management noted that Adjusted NPATA is expected to grow.
