Australia's Ainsworth Game Tech tumbles on downbeat HY earnings guidance

Ainsworth Game Technology

10/02/2021 03:34

** Shares of Ainsworth Game Technology Ltd  AGI.AX  fall as
much as 7.3% to A$0.7, their lowest since Jan. 20 
    ** AGI sees HY revenue of A$72 mln, down from A$107.3 mln a
year ago, on continued impact of COVID-19-induced restrictions
and store closures in Latin America 
    ** The gaming machine maker expects to record HY loss before
tax of A$14 mln ($10.82 mln), compared to an underlying loss
before tax of A$0.2 mln a year ago  urn:newsml:reuters.com:*:nASX6sB4PB urn:newsml:reuters.com:*:nASX7vW72h
    ** Stock has risen 57.3% this year, as of last close
    
  


($1 = 1.2933 Australian dollars)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))