Light & Wonder's ASX-listed shares drop as quarterly results miss estimates
ReutersMay 8, 2025 1:19 AM
Australia-listed shares of Light & Wonder LNW.AX fall as much as 5.8% to A$136.950
Stock is top loser in the benchmark index .AXJO
The U.S.-based gaming co reports first-quarter adjusted EBITDA of $311 million, which miss Citi estimates of $316 million
Posts quarterly revenue of $774 million vs Citi estimates of $809 million
Stock has risen 6% so far this year
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