PlayAGS: 1Q Earnings Snapshot
PlayAGS: 1Q Earnings Snapshot
LAS VEGAS (AP) _ PlayAGS Inc. (AGS) on Wednesday reported a loss of $82,000 in its first quarter.
The Las Vegas-based company said it had a loss of less than 1 cent on a per-share basis.
The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The gaming industry supplier posted revenue of $73 million in the period, also falling short of Street forecasts. Six analysts surveyed by Zacks expected $74.5 million.
PlayAGS shares have stayed the same since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $23, an increase of slightly more than 5% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGS at https://www.zacks.com/ap/AGS