Light & Wonder, Inc. (LNW) Q2 2023 Earnings Call Transcript


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



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