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Accel Entertainment beats Q3 revenue and net income estimates

The Motley Fool +1 · ·by G4L

ACEL
ACEL Accel Entertainment Inc
$13.90 +1.31%
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  1. 1Accel Entertainment reported third-quarter revenue of approximately $364 million.
  2. 2Accel Entertainment saw a 12% increase in adjusted net income compared to the same period last year.
  3. 3Accel Entertainment shares rose more than 13% on Wednesday.

So what's the key point?

Accel Entertainment earned more money and profit in the third quarter than experts expected. Following this news, the stock price rose by more than 13 percent.

Source The Motley Fool +1 · View original ↗

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