Light & Wonder, Inc. (NASDAQ:LNW) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET
Company Participants
Nick Zangari – Senior Vice President-Investor Relations
Matt Wilson – President and Chief Executive Officer
Connie James – Chief Financial Officer
Oliver Chow – Interim Chief Financial Officer
Conference Call Participants
Barry Jonas – Truist
David Katz – Jefferies
Chad Beynon – Macquarie
Rohan Gallagher – Jarden
Jeff Stantial – Stifel
Joey Stauff – Susquehanna
Paul Mason – E&P
Operator
Hello, everyone and welcome to the Light & Wonder 2023 Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]
I will now turn the call over to Nick Zangari, Senior Vice President of Investor Relations. Please go ahead.
Nick Zangari
Thank you, operator, and good afternoon everyone. Welcome to our second quarter 2023 earnings conference call. With me today are Matt Wilson, our President and CEO; Connie James, our CFO; and Oliver Chow, our Incoming Interim CFO, who will join us for a brief introduction. During today's call, we will discuss our second quarter 2023 results and operating performance, followed by a question-and-answer session.
Today’s call will contain forward-looking statements that may involve certain risks and uncertainties that could cause actual results to differ materially from those discussed during the call. For information regarding these risks and uncertainties, please refer to our earnings materials relating to this call posted on our website and our filings with the SEC. We will also discuss certain non-GAAP financial measures. A description of each non-GAAP measure and a reconciliation of each non-GAAP measure to the most directly comparable GAAP measure can be found in our earnings release as well as in the Investors section on our website.
In 2022, we completed the sale of the Lottery business to Brookfield Business Partners in the second quarter and the sale of the Sports Betting Business to Endeavor in the third quarter. Accordingly, we have reflected these businesses as discontinued operations in our Consolidated Statements of Operations for comparable prior periods. We are reporting our results of continuing operations in three business segments: Gaming, SciPlay and iGaming. Amounts and disclosures referring to combined include both our continuing and discontinued operations. As a reminder, this conference call is being recorded. A replay of this webcast and accompanying materials will be archived in the Investors section of our website.