BURR RIDGE, Ill. (AP) _ Accel Entertainment, Inc. (ACEL) on Wednesday reported third-quarter net income of $10.8 million.
On a per-share basis, the Burr Ridge, Illinois-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, were 18 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 18 cents per share.
The company posted revenue of $193.4 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $184.1 million.
Accel Entertainment expects full-year revenue in the range of $725 million to $750 million.
Accel Entertainment shares have risen 28% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.97, an increase of 27% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACEL at https://www.zacks.com/ap/ACEL
