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Inspired Entertainment reports Q1 adjusted EPS (2c), consensus (15c)

Reports Q1 revenue $57.2M, consensus $59.07M. Growth was driven by a 38% increase in Interactive revenue, which helped offset the impact of the divestiture of the U.K. holiday parks business. “Our first-quarter results reflect the execution of our strategy and the quality of our underlying business. While reported revenue declined 5% year over year due to the divestiture and pubs restructuring, our core business continues to deliver solid growth and momentum,” said CEO Brooks Pierce.

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