2023-05-09 13:15Press release

AGS Reports First Quarter 2023 Results

AGS Secondary Logo

First Quarter 2023 Highlights:

  • Total Revenue Increased 14% Y/Y to a Record $83.2 Million; Up Sequentially for the Ninth Straight Quarter
  • Net Loss Improved Y/Y to $334 Thousand
  • Adjusted EBITDA Reached a First Quarter Record $36.5 Million
  • Domestic EGM Recurring Revenue Grew by 10% Y/Y; Second Consecutive All-Time Quarterly Record
  • Global EGM Sales Topped 1,100 Units; Unique Customer Count Up by Over 45% Y/Y
  • Domestic Premium EGM Mix Eclipsed 15% at Quarter End; Footprint Has Grown for Thirteen Quarters in a Row
  • Table Product Revenue Grew by Over 15% Y/Y to a Record $4.1 Million
  • Remain on Target to Exit 2023 With Net Leverage in the Range of 3.25x to 3.75x

View the full earnings release on AGS' IR site here.

About AGS Newsroom

AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, and our customer-centric culture and growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, real-money gaming platforms and content, highly rated social casino solutions for operators and players, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more at www.playags.com.


Media Inquiries