Light & Wonder reports a huge 16% increase in net profit for T2
Light & Wonder saw its net income increase by 16% to its second quarter of the year, the figure going to $ 95 million.
While net profit experienced a massive increase, consolidated revenues of $ 809 million has slightly decreased by 1%. The consolidated Aebitda, however, is another that is up, as this increased by $ 352 million from $ 352 million compared to the period of the previous year.
The American Corporation, which provides gaming products and services, has expanded what was experienced during the quarter, because they say that “the impact of macroeconomic uncertainty” has led to more prudent purchasing behavior and delayed capital expenses among some of its customers who have had an impact on the game sales calendar.
The game company has sold more than 9,000 new units worldwide, which maintains a strong market for market share. It was Sciplay’s revenues that continued to go beyond the market, while the Igaming company had quarterly record income.
“We have successfully completed the acquisition of Grover and we are executed on the integration provided before the scheduled date with more than 600 active units added since the acquisition ad in February 2025”, writes the company.
Light & Wonder IGAMING activity has had quarterly record income
Matt Wilson, president and chief executive officer of Light & Wonder, said: “We remain attached to the investment in R&D to further proliferate our very efficient content between the channels and continue to achieve the advantages of strong play performance.”
The CEO extended to the company’s position, declaring that they continued to execute key initiatives to extend and extend the longevity of the fleet for maximum value.
“After an in -depth diligence process, I am delighted to announce the advice’s decision to go to a single list of ASX (2), which, I think, will offer enormous value for shareholders in the future,” said Wilson.
“I have confidence in our strategy when we continue to execute on our long -term level, which will continue to stimulate the quality of income and sustainable value both operational and financially.”
Featured image: Credit to Light & Wonder on Linkedin
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