LAS VEGAS (AP) — LAS VEGAS (AP) — Light & Wonder, Inc. (LNWO) on Tuesday reported a loss of $15 million in its fourth quarter.
On a per-share basis, the Las Vegas-based company said it had a loss of 19 cents. Earnings, adjusted for one-time gains and costs, came to $1.96 per share.
The instant-win lottery ticket maker posted revenue of $891 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $915.4 million.
For the year, the company reported profit of $276 million, or $3.26 per share. Revenue was reported as $3.31 billion.
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