Three months after suffering through its first-ever quarterly earnings meltdown, gaming equipment provider AGS steered its ship back on course. The Las Vegas-based company said revenues grew 5.1% to $70.4 million in the quarter that ended Sept. 30 and, more importantly, cash flow rebounded from a 2% dip in the second quarter to a 9.6% increase in the third quarter to $36.8 million. AGS CEO David Lopez said Thursday the third quarter featured the sale of nearly 1,400 electronic gaming machines, the single-highest quarterly sale in the company’s history.
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