AGS (AGS) Tops Q4 EPS by 12c
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AGS REPORTS RECORD FOURTH QUARTER 2022 RESULTS
March 9, 2023 4:15 PM ESTFourth Quarter 2022 Highlights:
Total Revenue Increased 16% Y/Y to a Record $81.7 Million; Up Sequentially for the Eighth Consecutive QuarterNet Income Reached a Record $2.5 MillionAdjusted EBITDA Improved 16% Y/Y to a Quarterly Record $37.3 MillionAchieved Year-End 2022 Net Leverage Target of less than 4.0xDomestic EGM Recurring Revenue Grew to a Record $46.8 Million; Up 8% Y/Y and 13% Ahead of Q4 2019Domestic Premium EGM Mix Reached 15% at Year End; Footprint Has Grown for Twelve Straight QuartersGlobal EGM Sales Eclipsed 1,000 Units... More