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Here Comes the Hot Stepper: AGS Unveils its First Mechanical Stepper and More at IGA 2024
Newsfilter· 2024-04-03 13:15
LAS VEGAS, April 03, 2024 (GLOBE NEWSWIRE) -- AGS (NYSE:AGS, the Company", ))), a global gaming supplier of high-performing slot, table, and interactive products, steps into a new vertical as it unveils its first mechanical reel cabinet among a diverse lineup of new products at the 2024 Indian Gaming Association ("IGA") trade show in Anaheim, CA. AGS is set to sizzle with a stunning array of new products, from mesmerizing slot hardware and cutting-edge core and premium games to its ultra-reliable card shuff ...
PlayAGS (AGS) Posts Breakeven Q4 Earnings, Tops on Revenues
Zacks Investment Research· 2024-03-06 17:26
PlayAGS, Inc. (AGS) reported mixed fourth-quarter 2023 results, delivering breakeven earnings that missed the Zacks Consensus Estimate. Quarterly revenues surpassed the consensus mark. The top line increased year over year, while the bottom line declined from the prior-year quarter’s figure.Following the announcement, the company’s shares dropped 0.3% during the after-hours trading session on Mar 5.Earnings and RevenuesPlayAGS reported breakeven earnings missing the Zacks Consensus Estimate of 2 cents. In t ...
PlayAGS(AGS) - 2023 Q4 - Earnings Call Transcript
2024-03-06 04:07
PlayAGS, Inc. (NYSE:AGS) Q4 2023 Earnings Conference Call March 5, 2024 5:00 PM ET Company Participants Brad Boyer - SVP, IR David Lopez - CEO Kimo Akiona - CFO Conference Call Participants Barry Jonas - Truist David Katz - Jefferies Jeff Stantial - Stifel Aaron Lee - Macquarie Jordan Bender - JMP Securities Operator Hello, everyone. Thank you for attending today's PlayAGS Fourth Quarter and Full Year 2023 Earnings Call. My name is Sierra, and I'll be your moderator for today. All lines will be muted during ...
Here's What Key Metrics Tell Us About PlayAGS (AGS) Q4 Earnings
Zacks Investment Research· 2024-03-06 00:01
For the quarter ended December 2023, PlayAGS (AGS) reported revenue of $94.15 million, up 15.2% over the same period last year. EPS came in at $0.00, compared to $0.06 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $93.3 million, representing a surprise of +0.91%. The company delivered an EPS surprise of -100.00%, with the consensus EPS estimate being $0.02.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...
PlayAGS (AGS) Reports Break-Even Earnings for Q4
Zacks Investment Research· 2024-03-05 23:45
PlayAGS (AGS) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this gaming industry supplier would post earnings of $0.01 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four quarters, the company has sur ...
PlayAGS(AGS) - 2023 Q4 - Annual Report
2024-03-05 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to . Commission file number 001-38357 PLAYAGS, INC. (Exact name of registrant as specified in its charter) Nevada 46-3698600 (State or other jurisdiction of incorp ...
PlayAGS (AGS) Gears Up to Post Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-03-04 16:06
PlayAGS, Inc. (AGS) is scheduled to report fourth-quarter 2023 results on Mar 5 after market close. In the last reported quarter, the company delivered an earnings miss of 100%.How Are Estimates Placed?The Zacks Consensus Estimate for fourth-quarter adjusted earnings is pegged at 2 cents per share, indicating a decline of 66.7% from 6 cents in the year-ago quarter.For revenues, the consensus mark is pegged at $93.3 million. The metric suggests an increase of 14.1% from the year-ago quarter’s figure. Let’s t ...
PlayAGS(AGS) - 2023 Q4 - Annual Results
2024-03-04 16:00
Exhibit 99.1 AGS REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth Quarter 2023 Highlights: LAS VEGAS, March 5, 2024 - PlayAGS, Inc. (NYSE: AGS) ("AGS", "us", "we" or the "Company"), a designer and developer of equipment and services solutions for the global gaming industry, today reported operating results for the fourth quarter and full year ended December 31, 2023. Commenting upon the Company's fourth quarter financial performance, AGS President and Chief Executive Officer David Lopez said, ...
Unveiling PlayAGS (AGS) Q4 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-02-29 15:16
Wall Street analysts expect PlayAGS (AGS) to post quarterly earnings of $0.02 per share in its upcoming report, which indicates a year-over-year decline of 66.7%. Revenues are expected to be $93.3 million, up 14.1% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 25% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosu ...
Earnings Preview: PlayAGS (AGS) Q4 Earnings Expected to Decline
Zacks Investment Research· 2024-02-27 16:01
PlayAGS (AGS) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on March 5, 2024, might help the stock move higher if these key numbers are better than expecta ...