Light & Wonder has released its financial results for the second quarter of fiscal year 2025, reporting revenue of $809 million. Although this marks a slight year-on-year decline of 1%, the company’s net income rose significantly by 16% to reach $95 million. The firm also reported a 7% increase in adjusted EBITDA, which stood at $352 million for the quarter. These results underscore the company’s continued focus on margin improvement, disciplined capital allocation, and strategic investments in high-potential segments....
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