Reports Q1 revenue $293.2M, consensus $276.5M. Accel CEO Andy Rubenstein commented, "Our record-breaking performance this quarter is a direct testament to the strength of our business and execution of our growth strategy despite ongoing macroeconomic uncertainty. We have seen significant increases in both locations and gaming terminals over the past year and are excited to continue expanding our distributed gaming offerings. Our asset-light and hyper-local business model gives us a truly unique competitive advantage as we further cement Accel’s position as the preferred choice in distributed gaming."
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on ACEL:
- Bet On It: DraftKings to launch video streaming service
- Bet On It: Las Vegas Sands CEO touts ‘robust’ recovery in travel and tourism
- Bet On It: MGM gets step closer to $10B development plan in Japan
- Bet On It: Visitation drives improved results in Macau
- Bet On It: Gan Limited shrinks following initiation of strategic review
