LAS VEGAS (AP) — LAS VEGAS (AP) — PlayAGS Inc. (AGS) on Thursday reported fourth-quarter net income of $2.5 million, after reporting a loss in the same period a year earlier.

The Las Vegas-based company said it had profit of 6 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.

The gaming industry supplier posted revenue of $81.7 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $78.2 million.

For the year, the company reported that its loss narrowed to $8 million, or 22 cents per share. Revenue was reported as $309.4 million.

PlayAGS shares have risen 25% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.35, a drop of 18% in the last 12 months.

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