AGS (AGS) Misses Q3 EPS by 2c
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AGS REPORTS THIRD QUARTER 2023 RESULTS
November 7, 2023 4:15 PM ESTThird Quarter 2023 Highlights:
Total Revenue Increased 14% Y/Y to $89.4 Million; Strong Growth Achieved Across All Three SegmentsDomestic EGM Recurring Revenue Grew 6% Y/Y; Far Outpacing Market-Wide GGR TrendsGlobal EGM Sales Increased More Than 30% Y/Y to 1,345 UnitsInteractive Revenue Reached a Record $3.1 Million; Y/Y Growth Surpassed 20%Generated a Modest Net Loss of $156 ThousandAdjusted EBITDA Eclipsed $40 Million for the First Time; Adjusted EBITDA Margin Expanded 90bps... More