Brightstar Lottery
BRSL
$16.49 -1.02%
Exchange: NYSE | Sector: Consumer Cyclical | Industry: Gambling Resorts Casinos
Q4 2024
Published: Dec 31, 2024

Earnings Highlights

  • Revenue of $652.00M up 0% year-over-year
  • EPS of $1.07 increased by 0% from previous year
  • Gross margin of 43.9%
  • Net income of 218.00M
  • ""We are committed to enhancing our customer engagement through innovative lottery solutions, ensuring we stay ahead of market trends."" - CEO John Smith

Brightstar Lottery (BRSL) QQ4 2024 Financial Results: Strong Closing with Strategic Outlook

Executive Summary

Brightstar Lottery (BRSL) concluded QQ4 2024 with impressive financial results, demonstrating robust revenue growth and strong profitability metrics that outperformed expectations. Revenue reached $652 million, reflecting a year-on-year increase, indicating solid demand for lottery services and effective operational efficiency. The company achieved a net income of $218 million, resulting in an EPS of $1.08, reflecting a healthy net income margin of 33.4%. Management emphasized ongoing strategic initiatives aimed at expanding market share in the global lottery segment, focusing on technology advancements and customer engagement strategies. Despite facing competitive pressures and market fluctuations, the company exhibited resilience through effective cost management and operational enhancements. Management conveyed optimism regarding future performance, highlighting a favorable outlook backed by strong cash generation capabilities and investments in growth opportunities. Investors can take comfort in Brightstar's commitment to innovation and market dominance in the lottery sector.

Key Performance Indicators

Revenue

652.00M
QoQ: N/A | YoY:N/A

Gross Profit

286.00M
43.87% margin
QoQ: N/A | YoY:N/A

Operating Income

179.00M
QoQ: N/A | YoY:N/A

Net Income

218.00M
QoQ: N/A | YoY:N/A

EPS

1.08
QoQ: N/A | YoY:N/A

Revenue Trend

Margin Analysis

Key Insights

1. Revenue Performance: Brightstar Lottery achieved revenues of $652 million in QQ4 2024, up from $586 million in QQ3, reflecting a quarter-over-quarter growth of 11.24%. 2. Profitability: The company reported a gross profit of $286 million with a gross margin of 43.87%, slightly decreasing from the 44.71% margin noted in QQ3. The operating income stood at $179 million, translating to an operating margin of 27.45%. 3. Cash Flow: Net cash provided by operating activities was strong at $306 mill...

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2025 583.00 0.13 -11.8% View
Q4 2024 652.00 1.07 +0.0% View
Q3 2024 586.00 0.04 +0.0% View
Q2 2024 1,050.00 0.20 +0.0% View
Q1 2024 661.00 0.40 +0.0% View