Light and Wonder Q3 Earnings: Recurring Revenue Boosts Profit
Update: 2025-11-10
Description
Light and Wonders Q3 Earnings: Recurring Revenue Boosts Profits, Despite Tariff ImpactLight and Wonder, a gaming products and services provider, reported its Q3 earnings for 2025, with revenue slightly below expectations but non-GAAP profit in line with estimates. The companys recurring revenue, which accounts for nearly 70% of total revenue, drove growth and improved profit margins. The integration of Grover Charitable Gaming and strong performances from games like Huff N Puff and Quick Hit Slots contributed to the positive market response. Looking ahead, Light and Wonder plans to expand recurring revenue streams, innovate with new content, and launch Grover in Indiana, while managing the impact of tariffs on adjusted earnings.
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