Income Statement (USD)

Q1 '24 QoQ
Revenue 807M 163.7%
Gross Profit 545M 2927.8%
Cost of Revenue 262M 9%
Operating expense 323M 3.3%
Net Income 82M 22.4%
EBITDA 202M 11%

Balance Sheet (USD)

Q1 '24 QoQ
Total Assets 5.59B 0.6%
Total Liabilities 4.75B 0.7%
Total Equity 835M 9.2%
Shares Outstanding 90M 0%

Cash Flow (USD)

Q1 '24 QoQ
Cash from operations 171M 2.4%
Cash from investing -71M 16.4%
Cash from financing -65M 87.9%

EPS

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Financial Highlights for Light & Wonder in Q1 '24

Light & Wonder reported a revenue of 807M, which is a 163.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.

Gross Profit stood at 545M, marking a 2927.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 262M, a -9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were 323M, showing a -3.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was 82M, showing a 22.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was 202M, showing a 11% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

It was a positive quarter for Light & Wonder with growth in revenue, gross profit, and net income.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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