Demand OutlookThe rates of decline in system-wide sales have lessened throughout 2024, indicating an improving demand outlook.
EarningsQ3/24 adjusted EBITDA increased 32% YOY to $4.9 million, marking the highest quarterly adjusted EBITDA since Q3/22.
RevenueTotal revenue (including service revenue) increased 1.6% YOY to $9.4 million, exceeding the estimate of $8.9 million and the consensus of $9.0 million.