Light & Wonder, Inc. (LNW) Q4 2022 Earnings Conference Call March 1, 2023 4:30 PM ET
Corporate Participants
Steve Wan - Director, Investor Relations
Matt Wilson - President and Chief Executive Officer
Connie James - Chief Financial Officer
Conference Call Participants
Barry Jonas - Truist
David Katz - Jefferies
Ryan Sigdahl - Craig-Hallum
Jeff Stantial - Stifel
Chad Beynon - Macquarie
Operator
Welcome to the Light & Wonder 2022 Fourth Quarter and Full Year Earnings Conference Call. [Operator Instructions].
Now let me turn the call over to Steve Wan, Director of Investor Relations for Light & Wonder. Mr. Wan, you may begin.
Steve Wan
Thank you, operator, and good afternoon, everyone. During today's call, we will discuss our fourth quarter and full year 2022 results and operating performance, followed by a Q&A session.
With me today are CEO, Matt Wilson and CFO, Connie James. Our call today will contain statements and they 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 SEC filings.
We will also discuss certain non-GAAP financial measures. A description of each non-GAAP measure and a reconciliation of each non-GAAP measures 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 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 statement of operations for all periods presented.
We are reporting our results of continuing operations in 3 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.
With that, I'm pleased to turn the call over to Matt.
Matt Wilson
Thank you, Steve, and thanks to everyone for joining today's call.
2022 was a pivotal year for Light & Wonder. At our inaugural Investor Day last May, our team laid out a clear strategic plan and long-term targets to enhance shareholder value. We continue to deliver on that ambitious transformation plan whose speed and urgency by positioning ourselves to win when it comes to performance and the successful execution of our business operations.