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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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