PlayAGS, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 04:21 pm EDT
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PlayAGS, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 60.97 million compared to USD 56.64 million a year ago. Revenue was USD 89.83 million compared to USD 76.58 million a year ago. Net income was USD 0.851 million compared to USD 1.54 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.04 a year ago.
For the six months, sales was USD 119.62 million compared to USD 109.8 million a year ago. Revenue was USD 173.01 million compared to USD 149.44 million a year ago. Net income was USD 0.517 million compared to net loss of USD 11.05 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 0.3 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 0.3 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. 
