PlayAGS, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:21 pm EST
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PlayAGS, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 61.03 million compared to USD 56.59 million a year ago. Revenue was USD 89.38 million compared to USD 78.26 million a year ago. Net loss was USD 0.156 million compared to net income of USD 0.476 million a year ago.
For the nine months, sales was USD 180.64 million compared to USD 166.4 million a year ago. Revenue was USD 262.39 million compared to USD 227.7 million a year ago. Net income was USD 0.361 million compared to net loss of USD 10.58 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.28 a year ago.
PlayAGS, Inc. is a designer and supplier of electronic gaming machines (EGMs) and other products and services for the gaming industry. The Company's segments include EGMs, Table Products and Interactive Games. The EGM segment includes server-based systems and back-office systems that are used by Class II Native American and Mexico gaming jurisdictions and Class III Native American, commercial, and charitable jurisdictions. It offers a library of proprietary video slot titles developed for the global marketplace. The Table Products segment includes live felt table games, side-bets, and progressives, as well as card shufflers, including its newly introduced card shuffler, Pax S. The Interactive Games segment provides game content and access to its remote gaming server for real money gaming (RMG) online casino operators as well as social casino games available for desktop and mobile devices. It also offers business-to-consumer (B2C) free-to-play social casino apps.
PLAYAGS, INC. 
