{"id":362,"date":"2024-06-18T09:41:25","date_gmt":"2024-06-18T06:41:25","guid":{"rendered":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/18\/ags-reports-record-q4-and-full-year-2023-earnings\/"},"modified":"2024-06-20T16:58:52","modified_gmt":"2024-06-20T13:58:52","slug":"ags-reports-record-q4-and-full-year-2023-earnings","status":"publish","type":"post","link":"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/18\/ags-reports-record-q4-and-full-year-2023-earnings\/","title":{"rendered":"AGS Reports Record Q4 and Full Year 2023 Earnings"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/O_NdtKqgkaA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A premier gaming provider, AGS, concluded 2023 on a high note, announcing unprecedented earnings and income in the final quarter, propelled by substantial increases across its entire business portfolio.<\/p>\n<p>The firm&#8217;s earnings reached a new peak of $94.2 million in Q4, representing the eleventh straight quarter of double-digit expansion. This remarkable accomplishment was driven by robust growth in all three business divisions: Electronic Gaming Devices, Table Offerings, and Digital. AGS also declared record Adjusted EBITDA of $42.8 million, signifying the fifth consecutive quarter of double-digit gains in this crucial profitability indicator.<\/p>\n<p>David Lopez, Chief Executive Officer of AGS, credited the company&#8217;s achievements to its skilled workforce, a varied and captivating product selection, and a keen emphasis on operational effectiveness. He emphasized the &#8220;caliber and steadiness&#8221; of AGS&#8217;s recent financial outcomes as proof of the company&#8217;s strategic course and implementation.<\/p>\n<p>Throughout 2023, AGS produced $94.2 million in revenue, a 15.2% surge compared to the preceding year. The company also witnessed a 19.3% rise in operating earnings, reaching $160 million. AGS seems well-situated for sustained expansion in the upcoming year. <\/p>\n<p>AGS reported robust Q4 2023 earnings, exhibiting revenue expansion across all divisions and unprecedented equipment transactions.  Although net income plummeted by 97.4% to $6.7 million, Adjusted EBITDA climbed 14.7% to $42.8 million, with profit margins exceeding 45%.<\/p>\n<p>The firm&#8217;s recurring income flow, derived mainly from its gaming activities, hit $59.6 million.  Driven by substantial demand for both EGM and table offerings, equipment revenue surged to an unparalleled $34.6 million, signifying a year-on-year surge exceeding 40%.<\/p>\n<p>Further showcasing its dedication to advancement, AGS also debuted its well-received Rakin&#8217; Bacon Odyssey slot title in New Jersey this month via a collaboration with Caesars Digital. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A premier gaming provider, AGS, concluded 2023 on a high note, announcing unprecedented earnings and income in the final quarter, propelled by substantial increases across its entire business portfolio. The firm&#8217;s earnings reached a new peak of $94.2 million in Q4, representing the eleventh straight quarter of double-digit expansion. This remarkable accomplishment was driven by [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AGS Crushes Q4 with Record Earnings, Continues Meteoric Rise<\/title>\n<meta name=\"description\" content=\"Gaming leader AGS just dropped its Q4 report, and spoiler alert: it\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/18\/ags-reports-record-q4-and-full-year-2023-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AGS Reports Record Q4 and Full Year 2023 Earnings\" \/>\n<meta property=\"og:description\" content=\"Gaming leader AGS just dropped its Q4 report, and spoiler alert: it\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/18\/ags-reports-record-q4-and-full-year-2023-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"Your Go-To Licensed Online Casino for Exciting Games &amp; News\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-18T06:41:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T13:58:52+00:00\" \/>\n<meta name=\"author\" content=\"William &quot;Whisper&quot; Anderson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"William &quot;Whisper&quot; Anderson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/18\/ags-reports-record-q4-and-full-year-2023-earnings\/\",\"url\":\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/18\/ags-reports-record-q4-and-full-year-2023-earnings\/\",\"name\":\"AGS Crushes Q4 with Record Earnings, Continues Meteoric Rise\",\"isPartOf\":{\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-18T06:41:25+00:00\",\"dateModified\":\"2024-06-20T13:58:52+00:00\",\"author\":{\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/#\/schema\/person\/e7e6b16c6b025f45fe4d699f5b8d2169\"},\"description\":\"Gaming leader AGS just dropped its Q4 report, and spoiler alert: it\",\"breadcrumb\":{\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/18\/ags-reports-record-q4-and-full-year-2023-earnings\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/18\/ags-reports-record-q4-and-full-year-2023-earnings\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/2024\/06\/18\/ags-reports-record-q4-and-full-year-2023-earnings\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/vegas2webnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AGS Reports Record Q4 and Full Year 2023 Earnings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/vegas2webnodepositbonus.icu\/#website\",\"url\":\"https:\/\/vegas2webnodepositbonus.icu\/\",\"name\":\"Your Go-To Licensed Online Casino for Exciting Games &amp; News\",\"description\":\"Our licensed online casino is your go-to source for the latest industry news, game reviews, and expert insights. 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