PlayAGS revenue reaches $356.5 million

Finance News

PlayAGS today reported operating results for the fourth quarter and full year ended December 31, 2023.

Total revenue increased 15% year-over-year to a record $356.5 million, representing an eleventh consecutive quarter of double-digit total revenue growth. All three operating segments delivered double-digit growth rates versus the prior year, with Interactive revenue increasing 34%, 24% and 14% year-over-year, respectively.

Total revenue grew approximately 5% relative to the $89.4 million delivered in Q3 2023 and has now established a new company record in four of the past five quarters. 

Commenting upon the Company’s fourth quarter financial performance, AGS President and Chief Executive Officer David Lopez said, “The strength in our four quarter results was broad-based, with all three operating segments setting new quarterly records for revenue and Adjusted EBITDA.

]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.”