trending Market Intelligence /marketintelligence/en/news-insights/trending/0QPA0QbtyKOeEF8cU0Nk1w2 content esgSubNav
In This List

PlayAGS Q3 loss narrows YOY

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks

Podcast

MediaTalk | Season 2
Ep.1: Broadcast's Big Year

Blog

Global M&A by the Numbers Q4 2023

Blog

Investment Banking Essentials: February 21


PlayAGS Q3 loss narrows YOY

PlayAGS Inc. said its normalized net income for the third quarter amounted to a loss of 55 cents per share, compared with a loss of 72 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $12.9 million, compared with a loss of $16.8 million in the year-earlier period.

The normalized profit margin climbed to negative 31.2% from negative 44.0% in the year-earlier period.

Total revenue rose 8.1% on an annual basis to $41.2 million from $38.1 million, and total operating expenses declined on an annual basis to $46.5 million from $47.6 million.

Reported net income came to a loss of $21.2 million, or a loss of 91 cents per share, compared to a loss of $23.3 million, or a loss of $1.00 per share, in the year-earlier period.