Light & Wonder's ASX-listed stock falls on Q2 revenue miss
ReutersAug 7, 2025 3:57 AM
Australia-listed shares of Light & Wonder LNW.AX falls as much as 5.7% to A$128.775, lowest since June 24
Stock among top losers on ASX 200 .AXJO
U.S.-based gaming co logs Q2 revenue of $809 mln, missing analysts' estimate of ~$857 mln, per data compiled by LSEG
Flags customer caution due to economic uncertainty, resulting in customers delaying game buys
Adds co will de-list from Nasdaq, shifting to sole ASX listing by November 2025
Jarden says result "fundamentally" in line with consensus and doesn't justify ~12% drop in share price in August so far
Notes co should allow some "wriggle room" to keep investing for long-term profitable growth
YTD, LNW down 2.7%
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