Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Light & Wonder reported a solid performance in their fiscal year, demonstrating growth across multiple segments.</li><li>The company's strategic focus on sustainable growth has been underscored by their expansion and strengthening of product offerings, resulting in record revenues and profitability.</li><li>The acquisition of Grover Gaming’s charitable gaming business represents a strategic entry into a high-barrier market with favorable competitive advantages.</li></ul>

Light & Wonder reported a solid performance in their fiscal year, demonstrating growth across multiple segments.The company's strategic focus on sustainable growth has been underscored by their expansion and strengthening of product offerings, resulting in record revenues and profitability.The acquisition of Grover Gaming’s charitable gaming business represents a strategic entry into a high-barrier market with favorable competitive advantages.

Light & Wonder Inc.: Expanding Gaming Business To Strengthen Market Reach & Capture Growth!

<ul><li>Light & Wonder's third-quarter earnings reflect a balance of positive growth trends and strategic challenges.</li><li>The company reported a 12% year-over-year increase in consolidated revenue to $817 million, marking its 14th consecutive quarter of revenue growth.</li><li>This growth was driven by strong performance across its diversified portfolio, including land-based, social, and iGaming channels.</li></ul>

Light & Wonder's third-quarter earnings reflect a balance of positive growth trends and strategic challenges.The company reported a 12% year-over-year increase in consolidated revenue to $817 million, marking its 14th consecutive quarter of revenue growth.This growth was driven by strong performance across its diversified portfolio, including land-based, social, and iGaming channels.

Light & Wonder: An Insight Into Its Strategic Portfolio & Product Pipeline Expansion & Other Major Drivers

<ul><li>Light & Wonder has presented its Q2 2024 earnings with noteworthy results, primarily reflecting continuous growth across its multiple segments.</li><li>The company reported consolidated revenue growth of 12% year-over-year, reaching $818 million, and a 17% increment in Consolidated AEBITDA, which stands at $330 million for the quarter.</li><li>Notable is the increase in Adjusted NPATA by 40% year-over-year to $130 million.</li></ul>

Light & Wonder has presented its Q2 2024 earnings with noteworthy results, primarily reflecting continuous growth across its multiple segments.The company reported consolidated revenue growth of 12% year-over-year, reaching $818 million, and a 17% increment in Consolidated AEBITDA, which stands at $330 million for the quarter.Notable is the increase in Adjusted NPATA by 40% year-over-year to $130 million.

Light & Wonder Inc.: Will Its Robust Investments in Technology & Content Diversity Pay Off? - Major Drivers

<ul><li>Light & Wonder, during its 2024 first-quarter performance presentation, revealed strong financial and operational progress, underlining its vigorous posture within the gaming industry.</li><li>The company reported substantial revenue growth and provided a detailed update on its performance across various segments including gaming, SciPlay, and iGaming.</li><li>Recognizing the positives from the report, Light & Wonder marked its twelfth consecutive quarter of year-over-year revenue growth and highlighted robust performance across all business lines.</li></ul>

Light & Wonder, during its 2024 first-quarter performance presentation, revealed strong financial and operational progress, underlining its vigorous posture within the gaming industry.The company reported substantial revenue growth and provided a detailed update on its performance across various segments including gaming, SciPlay, and iGaming.Recognizing the positives from the report, Light & Wonder marked its twelfth consecutive quarter of year-over-year revenue growth and highlighted robust performance across all business lines.

Light & Wonder Inc.: Enhanced Direct-to-Consumer Platforms Catalyzing The Top-line Growth! - Major Drivers

<ul><li>This is our first report on gaming major, Light & Wonder.</li><li>The company showed a commendable performance in Q4, reflecting strong execution and continuous momentum, marked by the 11th consecutive quarter of year-over-year growth.</li><li>Following five consecutive quarters of double-digit revenue growth across all three business segments, namely Gaming, SciPlay, and iGaming, the company reported a record consolidated revenue increase of 16%, totalling $2.9 billion for the year.</li></ul>

This is our first report on gaming major, Light & Wonder.The company showed a commendable performance in Q4, reflecting strong execution and continuous momentum, marked by the 11th consecutive quarter of year-over-year growth.Following five consecutive quarters of double-digit revenue growth across all three business segments, namely Gaming, SciPlay, and iGaming, the company reported a record consolidated revenue increase of 16%, totalling $2.9 billion for the year.

Light & Wonder Inc.: Initiation of Coverage - Does It Have A Sustainable Competitive Advantage? - Major Drivers

United States

Light & Wonder Inc. provides gambling products and services. The Company creates content and products for land-based casino gaming, social, and digital organizations. Light & Wonder serves customers worldwide.

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Light & Wonder (LNW US)

Light & Wonder Inc.: Expanding Gaming Business To Strengthen Market Reach & Capture Growth!

Light & Wonder reported a solid performance in their fiscal year, demonstrating growth across multiple segments. The company's strategic focus...

Baptista Research

Light & Wonder: An Insight Into Its Strategic Portfolio & Product Pipeline Expansion & Other Major Drivers

Light & Wonder's third-quarter earnings reflect a balance of positive growth trends and strategic challenges. The company reported a 12%...

Baptista Research

Light & Wonder Inc.: Will Its Robust Investments in Technology & Content Diversity Pay Off? - Major Drivers

Light & Wonder has presented its Q2 2024 earnings with noteworthy results, primarily reflecting continuous growth across its multiple...

Baptista Research

Light & Wonder Inc.: Enhanced Direct-to-Consumer Platforms Catalyzing The Top-line Growth! - Major Drivers

Light & Wonder, during its 2024 first-quarter performance presentation, revealed strong financial and operational progress, underlining its...

Baptista Research

Light & Wonder Inc.: Initiation of Coverage - Does It Have A Sustainable Competitive Advantage? - Major Drivers

This is our first report on gaming major, Light & Wonder. The company showed a commendable performance in Q4, reflecting strong execution and...

Baptista Research

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