Codere Online has increased its 2026 financial forecast after delivering record quarterly net gaming revenue and adjusted EBITDA in the second quarter. The updated guidance reflects the company’s latest operational performance.
Second Quarter Results Drive Forecast Revision
The revised outlook stems directly from the second quarter’s financial metrics. Net gaming revenue reached a new quarterly high, while adjusted EBITDA also set a new record. These figures prompted management to adjust the full-year projections upward.The company’s second quarter delivered its highest revenue totals since the reporting period began. Management cited consistent growth across core gaming segments as the primary driver for the upgraded guidance. The adjusted EBITDA margin expansion further supported the decision to raise the 2026 targets.