The latest trading update released by the company reveals growth of adjusted EBITDA and revenue for the second quarter of 2023.A businessman drawing an arrow pointing up, symbolizing financial growthImage Source: Shutterstock.com
The leading distributed gaming operator in the United States, Accel Entertainment, released its latest operating results, revealing details regarding its performance for the second quarter of 2023. In its latest trading update, released Thursday, the company confirmed strong growth of revenue and adjusted EBITDA for the three months ended June 30, 2023.
Judging by the unaudited report, Accel’s revenue in Q2 2023 hit $292.6 million. A year-over-year comparison to the $227.9 million result from Q2 2022 shows that the company’s revenue this year increased by 28%.
Additionally, Accel’s adjusted EBITDA for the second quarter of 2023 increased as well, hitting $46.6 million. This result, when compared to the corresponding period last year, marked an increase of 9%.
The recent financial report reveals that Accel ended Q2 2023 with 3,655 locations, representing 5% growth when compared to the same period last year. A similar increase was observed in the number of gaming terminals which grew by 7% to 23,759 for the second quarter of 2023 when compared to the same period in 2022.
The leading distributed gaming operator in the United States, Accel Entertainment, released its latest operating results, revealing details regarding its performance for the second quarter of 2023. In its latest trading update, released Thursday, the company confirmed strong growth of revenue and adjusted EBITDA for the three months ended June 30, 2023.
Judging by the unaudited report, Accel’s revenue in Q2 2023 hit $292.6 million. A year-over-year comparison to the $227.9 million result from Q2 2022 shows that the company’s revenue this year increased by 28%.
Additionally, Accel’s adjusted EBITDA for the second quarter of 2023 increased as well, hitting $46.6 million. This result, when compared to the corresponding period last year, marked an increase of 9%.
The recent financial report reveals that Accel ended Q2 2023 with 3,655 locations, representing 5% growth when compared to the same period last year. A similar increase was observed in the number of gaming terminals which grew by 7% to 23,759 for the second quarter of 2023 when compared to the same period in 2022.
