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AGS shares plummet on slower revenue growth in second quarter

9th August 2019 5:28 am GMT

Shares in New York-listed gaming supplier AGS closed almost 52 per cent lower Thursday after the company reported a 2 per cent increase in revenue to $74.5m for the second quarter of 2019 and a decline from its Interactive division.

Electronic gaming machines (EGMs) represented the bulk of the Q2 total as revenue climbed 2 per cent to $71.0m, with revenue from gaming operations up 2 per cent to $50.2m and equipment sales rising 3 per cent [...]

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