AGS’ record gaming operations revenue grew to US$52.9 million, or 7% per cent year-over-year, driven by the acquisition of Integrity, growth and performance of our international installed base, and an increase in Table Products revenue.
CEO David Lopez said: “I’m pleased to report another solid quarter of growth for AGS, with total revenue of US$73 million, up 13% year-over-year, driven by double-digit gains in EGMs and tables. Sold EGM units grew 22% year-over-year and our tables products segment reported its strongest quarter to date, driven by our award-winning progressive platforms.”
“Our EGM recurring revenue installed base grew 14% year-over-year to 27,308 units, driven by the inclusion of 2,500 EGMs from the Integrity acquisition, which we closed in February of this year,” he continued
“With numerous levers to build momentum, including strategic investments in R&D to continue building a strong, diversified and expanded product portfolio, as well as many new and underpenetrated domestic and international markets, AGS is well positioned for continued long-term, meaningful growth,” Lopez concluded.
Source: GMB
