May. 21 at 9:51 PM
$LNW Light & Wonder backs FY25 adjusted EBITDA view
$1.4B
Light & Wonder hosted its investor day on May 20 in New York City. The company is targeting to achieve consolidated adjusted EBITDA of
$2B and doubling of 2024 adjusted EPS per share, by 2028 to over
$10.55. President and CEO Matt Wilson stated, "We value the investment community's involvement in our 2025 Investor Day and their ongoing support of Light & Wonder as the leading cross-platform global games company. The presentation reflected Light & Wonder's major achievements over the past three years, offered insights into our strategic roadmap through 2028, and highlighted the strength of our diverse portfolio, and the quality of our team," said President and CEO Matt Wilson.
"Our success is grounded in our financial discipline and culture of efficiency and excellence, which have enabled us to create a more agile business and drive margin expansion and profitability. Supported by the strength of our diverse portfolio, our financial profile and our team, we will continue advancing our proven omni-channel strategy with a focus on building industry leading games to deliver on our 2028 financial targets of Consolidated AEBITDA of
$2.0 billion and doubling of Adjusted NPATA per share(1) to over
$10.55, to create substantial value for our shareholders."
