PlayAGS

PlayAGS, Inc. designs and supplies gaming products. The company operates through following business segments: Electronic Gaming Machines, Table Products, and Interactive Social Casino Games. The Electronic Gaming Machines segment includes server-based and back office systems. The Table Products includes live felt table games, side bets and card shuffler. The Interactive Social Casino Games segment provides casino games on desktop and mobile devices. Its products include slots, cabinets, interactive and table games. PlayAGS was founded in August 2013 and is headquartered in Las Vegas, NV.

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PlayAGS (AGS) reports record Q4 earnings, eyes growth opportunities

PlayAGS (AGS) delivered a stellar Q4 2022, focusing on growth, reducing leverage, and generating cash flow. Strong performance in premium games and new market approvals signal positive momentum. Company poised for continued success in 2023.

PlayAGS achieves record revenues in Q1 2023, eyes market expansion

PlayAGS demonstrated robust financial performance in Q1 2023 with record revenues and EBITDA, showcasing growth across all business segments.
The company's focus on content creation, interactive business expansion, and market penetration highlights strategic initiatives for sustained growth.
While facing challenges in deleveraging and exploring new categories, PlayAGS is well-positioned to capitalize on market opportunities and drive future growth.

PlayAGS (AGS) reports strong Q2 earnings, eyes growth opportunities

PlayAGS (AGS) delivered robust financial results in Q2 2023, showcasing growth across key revenue streams and a focus on deleveraging for financial strength.
The company's performance in domestic Game ops and EGM sales, along with advancements in table products and interactive segments, bode well for future growth.
While challenges exist in talent retention and market expansions, PlayAGS (AGS) is strategically positioned to capitalize on opportunities for innovation and expansion.

PlayAGS reports robust Q3 performance, eyes growth through new products

PlayAGS showcased strong financials, product momentum, and commitment to growth. Focus on deleveraging and expanding product portfolio to drive future success.

PlayAGS (AGS) reports stellar Q4 results, eyes international expansion

PlayAGS (AGS) delivered strong financial performance in Q4 2023, showcasing growth across key segments and a focus on deleveraging. The company's emphasis on product innovation, market expansion, and improving cash flow conversion rate bode well for future growth.

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PlayAGS, Inc. designs and supplies gaming products. The company operates through the following business segments: Electronic Gaming Machines, Table Products, and Interactive Social Casino Games. The Electronic Gaming Machines segment includes server-based and back-office systems. The Table Products segment includes live felt table games, side bets and card shuffler. The Interactive Social Casino Games segment provides casino games on desktop and mobile devices. Its products include slots, cabinets, interactive and table games. The company was founded in August 2013 and is headquartered in Las Vegas, NV.

PlayAGS, Inc. (NYSE:AGS ) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Brad Boyer – Senior Vice President-Corporate Operations and Investor Relations David Lopez – Chief Executive Officer Kimo Akiona – Chief Financial Officer Conference Call Participants Barry Jonas – Truist Jeff Stantial – Stifel David Bain – B. Riley Edward Engel – Roth Capital Chad Beynon – Macquarie Operator Hello all, and a warm welcome to the PlayAGS First Quarter 2022 Earnings Call.

PlayAGS' (AGS) CEO David Lopez on Q1 2022 Results - Earnings Call Transcript

First Quarter  2022  Highlights: Sold 955 EGM Units Globally; Highest Level Achieved Since Q4 2019 Premium EGM Units Increased Sequentially for the Ninth Consecutive Quarter; Accounted for Approximately 11% of Domestic EGM Installed Base at Quarter End Domestic EGM RPD Increased 2% Sequentially; Topped $30 for the Fourth Quarter in a Row Table Product Revenue Reached a New All-time Record of $3.5 Million; Third Consecutive Record-breaking Quarter Recent Debt Refinancing Lowers Borrowing Costs, Extends Key Debt Maturities and Reduces the Principal Amount of Debt Outstanding On Track to Achieve Year-End 2022 Net Leverage Target of less than 4.0x LAS VEGAS , May 5, 2022 /PRNewswire/ -- 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 first quarter ended March 31, 2022. In addressing the Company's first quarter financial performance, AGS President and Chief Executive Officer David Lopez said, "I am encouraged by the degree to which the operating momentum we established throughout 2021 continued into the first quarter.

AGS REPORTS FIRST QUARTER 2022 RESULTS

LAS VEGAS , May 3, 2022 /PRNewswire/ -- AGS (NYSE: AGS) brings its revolutionary Bonus Spin Xtreme ("BSX") to nearly 40 table games at the now open Palms Casino Resort Las Vegas. BSX is now available on 39 total table games at the Palms, including: 24 blackjack tables 12 baccarat tables 3 roulette tables High-limit blackjack and baccarat tables are included in the numbers above, giving high rollers a chance at a BSX-connected jackpot as well.

AGS And Palms Casino Resort Las Vegas Bet Big With 39 Bonus Spin Xtreme-Enabled Table Games

PlayAGS (AGS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PlayAGS (AGS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

With a growing suite of high-performing premium game products, an expanded core game library, and the industry's most innovative table game progressive system, AGS continues to grow and diversify its product portfolio to turbo-charge operators' casino floors LAS VEGAS , April 20, 2022 /PRNewswire/ -- AGS (NYSE: AGS) is bringing home the bacon at the Indian Gaming Trade Show & Convention April 19-22, 2022, as the company plans to unveil a new multi-denomination game play feature for its high performing Rakin' Bacon Deluxe slot theme on the Orion Curve Premium cabinet. The fun doesn't stop with slots, as AGS will also showcase its award-winning Bonus Spin Xtreme table game progressive side bet, building on its tremendous success since launch.

AGS BRINGS HOME THE BACON AT THE 2022 INDIAN GAMING TRADE SHOW & CONVENTION

LAS VEGAS , April 14, 2022 /PRNewswire/ -- PlayAGS, Incorporated (NYSE: AGS) ("AGS" or the "Company") today announced it will release its financial results for the first quarter ended March 31, 2022 after the market close on Thursday, May 5, 2022. The Company will host an investor conference call and live webcast the same day at 5 p.m.

AGS to Report First Quarter 2022 Results on Thursday, May 5, 2022

PlayAGS, Inc. (AGS) CEO David Lopez on Q4 2021 Results - Earnings Call Transcript

PlayAGS (AGS) delivered earnings and revenue surprises of -127.27% and 1.21%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

PlayAGS (AGS) Reports Q4 Loss, Tops Revenue Estimates

LAS VEGAS, March 10, 2022 /PRNewswire/ -- 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, 2021. In addressing the Company's fourth quarter and full year financial performance, AGS President and Chief Executive Officer David Lopez said, "If 2020 was the year of resiliency within our business, 2021 was the year of transition.

AGS REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS

PlayAGS (AGS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will PlayAGS (AGS) Report Negative Earnings Next Week? What You Should Know

The consensus price target hints at a 71.8% upside potential for PlayAGS (AGS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does PlayAGS (AGS) Have the Potential to Rally 72% as Wall Street Analysts Expect?

Key Transaction Highlights Lowers total principal amount of debt outstanding by approximately $40 million Reduces annualized cash interest expense by approximately $10 million Expands Revolving Credit Facility capacity to $40 million Extends key debt maturities LAS VEGAS, Feb. 15, 2022 /PRNewswire/ -- PlayAGS, Incorporated (NYSE: AGS) ("AGS" or the "Company") today announced it has successfully completed the refinancing of its total debt outstanding through the issuance of (i) a senior secured first lien term loan in an aggregate principal amount of $575.0 million due 2029 (the "New Term Loan Facility"), the proceeds of which, together with cash on hand, were used to repay all amounts outstanding under the Company's existing term loan facilities and to pay related fees and expenses, and (ii) a $40.0 million senior secured first lien revolving facility due 2027 (the "New Revolving Credit Facility"), which was undrawn at close. The New Term Loan Facility will bear interest at the Secured Overnight Financing Rate ("SOFR") plus 4.00%, subject to a 0.75% SOFR floor, while the New Revolving Credit Facility will bear interest at SOFR plus 4.00%, subject to a 0.00% SOFR floor.

AGS Successfully Completes Debt Refinancing

Does PlayAGS (AGS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why PlayAGS (AGS) is a Great Choice

The average of price targets set by Wall Street analysts indicates a potential upside of 84.2% in PlayAGS (AGS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think PlayAGS (AGS) Could Surge 84%: Read This Before Placing a Bet

LAS VEGAS, Jan. 27, 2022 /PRNewswire/ -- PlayAGS, Incorporated (NYSE: AGS) ("AGS" or the "Company") today announced plans to refinance its outstanding credit facilities and extend debt maturities. AGS intends to fully refinance its $521.2 million Term Loan Facility due 2024 and its $93.6 million Term Loan Facility due 2024.

AGS ANNOUNCES PLAN TO REFINANCE ITS OUTSTANDING DEBT AND EXPAND ITS REVOLVING CREDIT FACILITY CAPACITY

The mean of analysts' price targets for PlayAGS (AGS) points to a 79.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe PlayAGS (AGS) Could Rally 79%: Here's is How to Trade

PlayAGS (AGS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

PlayAGS (AGS) Upgraded to Buy: What Does It Mean for the Stock?

PlayAGS Inc (NYSE: AGS) reported preliminary financial results for Q4 and FY21 in conjunction with its intention to explore a refinancing of its outstanding revolving credit facility and term loan credit facilities. The company said it expects FY21 revenues of $258.6 million - $261 million, above the consensus of $256 million.

PlayAGS Stock Gains On Solid Preliminary Q4, FY21 Results; Seeks Debt Refinancing

LAS VEGAS, Jan. 18, 2022 /PRNewswire/ -- PlayAGS, Incorporated (NYSE: AGS) ("AGS" or the "Company") today announced selected preliminary financial results for the fourth quarter and full year ended December 31, 2021 in conjunction with the Company's intention to explore a refinancing of its outstanding revolving credit facility and term loan credit facilities. A refinancing transaction could include increasing the size of the Company's revolving credit facility, extending its debt maturities and reducing its borrowing costs.

AGS Announces Selected Preliminary Fourth Quarter and Full Year 2021 Results as the Company Explores a Refinancing of its Outstanding Debt

LAS VEGAS, Nov. 11, 2021 /PRNewswire/ -- AGS (NYSE: AGS) or (the "Company") today announced that it was awarded the highest and most prestigious award for commitment to U.S. military veterans — the 2021 HIRE Vets Platinum Medallion through the U.S. Department of Labor's HIRE Vets program. This award is given annually to companies that demonstrate commitment and leadership in recruiting, employing, and retaining military veterans, as well as providing veteran integration assistance programs.

AGS Awarded Highest Honor For Supporting Veterans In Workplace -- The 2021 'HIRE Vets Platinum Medallion Award' Through U.S. Department Of Labor

PlayAGS, Inc. (AGS) CEO David Lopez on Q3 2021 Results - Earnings Call Transcript

LAS VEGAS , Nov. 4, 2021 /PRNewswire/ --  Third Quarter 2021 Highlights: Domestic EGM RPD Exceeded $30 for the Second Consecutive Quarter Domestic EGM Installed Base Increased Sequentially for the First Time Since Q3 2019 Domestic EGM Gaming Operations Revenue Eclipsed Q3 2019 Levels Premium Game Footprint Nearly Doubled Year-to-Date Table Products Revenue Reached Another All-Time Record Net Loss Improved to $1.8 Million Compared to $3.9 Million in Q2 2021 Adjusted EBITDA Margin Surpassed the Upper End of our Targeted 45% to 47% Range Approximately $118 Million of Available Liquidity as of September 30, 2021 Net Leverage Reduced to 4.7x as of September 30, 2021   PlayAGS, Incorporated (NYSE: AGS) ("AGS", "us", "we" or the "Company") today reported operating results for its third quarter ended September 30, 2021. AGS President and Chief Executive Officer David Lopez said, "Our third quarter financial performance once again reflects our growing product momentum and improved execution across all three of our operating segments.

AGS Reports Third Quarter 2021 Results

PlayAGS (AGS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

PlayAGS (AGS) Stock Jumps 10%: Will It Continue to Soar?

Game Play Network (GPN) has entered into a game publication agreement with Playags Inc (NYSE: AGS) to integrate remote game server (RGS) and online and mobile games into its B2C website & mobile app. GPN said Playags' game portfolio would shortly be available on b spot, its B2C app.

GPN Inks Game Publication Agreement With Playags

LOS ANGELES and LAS VEGAS, Oct. 19, 2021 /PRNewswire/ -- Game Play Network ("GPN") today announced a game publication agreement with AGS (NYSE: AGS) to integrate AGS' remote game server (RGS) and online and mobile games into GPN's B2C website & mobile app. "We are excited to be partnering with one of the leading game developers in the industry, with a game portfolio that includes class-leading titles such as Fu Nan Fu Nu, Rakin' Bacon!

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