Light & Wonder, Inc. (NASDAQ:LNW) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET
Company Participants
Nick Zangari - SVP, IR & Treasury
Matt Wilson - President & CEO
Oliver Chow - CFO
Conference Call Participants
Barry Jonas - Truist
David Katz - Jefferies
David Fabris - Macquarie
Rohan Gallagher - Jarden
Justin Barrett - CLSA
Rohan Sundram - MST
Paul Mason - Evans & Partners
Operator
Hello, and welcome to the Light & Wonder 2024 Third 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 and Treasury.
Nick Zangari
Thank you, operator, and welcome everyone to our third quarter 2024 earnings conference call.
With me today are Matt Wilson, our President and CEO, and Oliver Chow, our CFO.
During today's call, we will discuss our third quarter results and operating performance, followed by a question-and-answer session.
Today's call will contain forward-looking statements that may involve 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 located in the Investors section of our website.
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 will now turn the call over to Matt.
Matt Wilson
Thank you, Nick, and hello, everyone. Thanks for joining us today.
Before diving into the third quarter results, I'd like to congratulate the team for another strong showing at G2E, where we showcased Light & Wonder's strongest ever content roadmap earlier last month with over 80 unique game titles across our high-performing cabinet. We've gotten great feedback from our customers and across the industry that we've certainly come a long way since the transformation with games and offerings that are market-tested with [gaming power] (ph).
Importantly, the success you are seeing is attributed to the diligent recalibration of our R&D engine, identifying and aligning resources to the most impactful initiatives that drive game performance. Just recently, we launched our newest studio in Reno, which will support our sustained growth aspirations well past 2025, and I'll be on my way to Light & Wonder's annual Best Games Workshop shortly, an event where we all gather our game designers in a collaborative environment to experiment and innovate new ideas for the future. This is the culture we are fostering and the teams are excited to have the opportunity to engage with other game developers across the organization to support the next chapter of our growth.