AGS Reports First Quarter 2020 Results

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AGS (AGS) Misses Q1 EPS by 34c

May 7, 2020 4:47 PM EDT

AGS (NYSE: AGS) reported Q1 EPS of ($0.41), $0.34 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $54.3 million versus the consensus estimate of $69.15 million.

AGS President and Chief Executive Officer David Lopez said, "As a result of the global impact of COVID-19, particularly near the end of the quarter, the gaming industry was significantly impacted with essentially all North American gaming facilities closed at the end of March. Casino closures... More