Ainsworth Game Technology Limited (AU:AGI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ainsworth Game Technology Limited anticipates a lower Profit before Tax for H1CY24 compared to the latter half of the previous year due to timing delays in regulatory approvals and economic instabilities in Latin America. Despite setbacks in Latin America, the company sees positive trends in North America with new product installations and is focusing on research and development for future growth. The ongoing strategic review by the Board has been put on hold to concentrate on organic growth and reflect the company’s potential in future financial results.
For further insights into AU:AGI stock, check out TipRanks’ Stock Analysis page.
