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PlayAGS reports Q4 EPS 6c, consensus (7c)
The Fly

PlayAGS reports Q4 EPS 6c, consensus (7c)

Reports Q4 revenue $81.7M, consensus $78.12M. CEO David Lopez said, "Our record-setting Q4 results reflect the accelerating returns we continue to realize on investments made into our R&D, sales and product management teams over the past several years. Looking ahead to 2023, I see a set of company-specific growth catalysts forming within all three segments of our business that should allow our recent operating momentum to continue." CFO Kimo Akiona added, "We exited 2022 with net leverage inside of 4.0x, consistent with the expectations articulated at the start of the year. As we move forward into 2023, our organization remains squarely focused on maximizing free cash flow and further reducing the amount of leverage on our balance sheet."

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