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    Scientific Games Corp filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    5/10/22 4:27:50 PM ET
    $SGMS
    Movies/Entertainment
    Consumer Services
    Get the next $SGMS alert in real time by email
    sgms-20220510
    0000750004FALSE00007500042022-05-102022-05-100000750004us-gaap:CommonStockMember2022-05-102022-05-100000750004sgms:PreferredStockPurchaseRightsMember2022-05-102022-05-10


    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 8-K
    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the
    Securities Exchange Act of 1934
    Date of Report (Date of earliest event reported): May 10, 2022
    LIGHT & WONDER, INC.
    (Exact name of registrant as specified in its charter)
    Nevada001-1169381-0422894
    (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
    6601 Bermuda Road, Las Vegas, NV 89119
    (Address of registrant’s principal executive office)
    (702) 897-7150
    (Registrant’s telephone number, including area code)
     
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Exchange Act:
    Title of each classTrading symbol(s)Name of each exchange on which registered
    Common Stock, $.001 par valueLNWThe NASDAQ Stock Market
    Preferred Stock Purchase RightsThe NASDAQ Stock Market
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    ☐Emerging growth company
    ☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



    Item 2.02. Results of Operations and Financial Condition.

    On May 10, 2022, Light & Wonder, Inc. (the “Company”) issued a press release announcing, among other things, results for the three months ended March 31, 2022. A copy of the press release that will be discussed on the Company’s earnings call is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

    The Company’s press release, in addition to containing results that are determined in accordance with accounting principles generally accepted in the United States of America (“GAAP”), contains certain “non-GAAP financial measures” as that term is defined by the rules of the Securities and Exchange Commission (the “SEC”). The Company’s press release includes the most directly comparable financial measures calculated and presented in accordance with GAAP, information reconciling the non-GAAP financial measures to the most directly comparable GAAP financial measures, a statement disclosing the reasons why the Company’s management believes that presentation of the non-GAAP financial measures provides useful information to investors regarding the Company’s financial condition and results of operations, and a statement disclosing the additional purposes for which the Company’s management uses the non-GAAP financial measures.
    The non-GAAP financial measures used in the press release should not be considered in isolation of, as a substitute for, or superior to, the financial information prepared in accordance with GAAP. The non-GAAP financial measures as defined in the press release may differ from similarly titled measures presented by other companies. The non-GAAP financial measures, as well as other information in the press release, should be read in conjunction with the Company’s financial statements filed with the SEC.

    The information contained under Item 2.02 in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

    Item 9.01. Financial Statements and Exhibits.

    (d) Exhibits

    Exhibit
    No.
    Description
    99.1
    Press Release of the Company, dated May 10, 2022.
    104Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.




    SIGNATURES
     
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    LIGHT & WONDER, INC.
    Dated:
    May 10, 2022
    By:
    /s/ Constance P. James
    Name:
    Constance P. James
    Title:
    Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary

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