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PlayAGS Reports Q3 2019 Results

PlayAGS Reports Q3 2019 ResultsReading Time: 1 minute

 

PlayAGS (AGS) has come out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.03. Over the last four quarters, the company has not been able to surpass consensus EPS estimates.

The Q3 2019 report represents an earnings surprise of −633.33%. A quarter ago, it was expected that AGS would post earnings of $0.16 per share when it actually produced a loss of $0.07, delivering a surprise of −143.75%.

PlayAGS posted revenues of $79.38 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 1.50%. This compares to year-ago revenues of $75.53 million. The company has topped consensus revenue estimates two times over the last four quarters.

PlayAGS shares have lost about 46.1% since the beginning of the year versus the S&P 500’s gain of 22.7%.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: PlayAGS Reports Q3 2019 Results

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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