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Mar 31, 2021
PlayAGS Q1 2021 Earnings Report
Reported operating results for the first quarter ended March 31, 2021.
Key Takeaways
AGS reported a positive first quarter in 2021, with gaming operations revenue increasing by 4.1% year-over-year and total Adjusted EBITDA increasing by 7.4% year-over-year. The company is focused on strengthening organizational alignment and improving operating efficiency.
Gaming operations, or recurring revenue, increased 4.1% year-over-year to $44.4 million.
Recurring revenue accounted for 80.2% of consolidated revenue compared to 78.6% in the prior year's quarter.
Total Adjusted EBITDA increased 7.4% year-over-year to $26.3 million.
Total Adjusted EBITDA margin improved to 47.5% compared to 45.1% in the prior year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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