PlayAGS reported a record quarterly revenue of $94.3m for Q4 2023, a 15 per cent increase year-over-year.
Gaming operations, or recurring revenue, totaled $59.6m, a year-over-year increase of 4 per cent.
Total Adjusted EBITDA - non-GAAP – also hit a record figure of $42.8m, an increase of approximately 15 per cent year-over-year.
"The strength in our four quarter results was broad-based, with all three operating segments setting new quarterly records for revenue and Adjusted EBITDA.,” said AGS President and Chief Executive Officer David Lopez.
“The quality and consistency of our recent financial performance is a true reflection of our incredibly talented and focused team, increasingly deep and diverse product offering across all three segments, and the improving efficiency and effectiveness of our execution."
