AGS Reports Third Quarter 2020 Results

Third Quarter 2020 Highlights:
– Nearly All of our Customers’ Casinos Have Reopened as of September 30, 2020
– Net Loss of $11.1 Million Improved from $42.6 Million Net Loss in the 2020 Second Quarter
– Adjusted EBITDA Increased to $27.0 Million Compared to Loss of $1.2 Million in the 2020 Second Quarter
– Generated Positive Cash from Operations and FCF in the Quarter, Ahead of Internal Expectations
– Recurring Revenue Base Produced Resilient Results, with over 14,500 Domestic EGMs Active at Quarter End
– New Hardware Gaining Traction with over 150 Orion Curve Cabinets and More Than 50 Orion Starwall Seats Installed as of September 30, 2020
– $113.2 Million of Available Liquidity as of September 30, 2020; Fully Repaid $30.0 Million Revolver in October 2020

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