Financial PerformanceINSE delivered on its 2Q expectations, growing EBITDA 56% QoQ to $26m, which was +7% vs cons.
Revenue GrowthInteractive revs/EBITDA growth accelerated to +40%/69% YoY and beat cons by 16%/28%, with share gains from new customers, regions, and products.
ValuationShares of INSE are currently trading sub-5x EV/EBITDA, below peers, recent supplier M&A transactions, and its historic.