Accel Entertainment Announces Q3 2024 Operating Results
Accel Entertainment, Inc. (ACEL)
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the third quarter ended September 30, 2024.Highlights:Ended Q3 2024 with 4,014 locations; an increase of 2.8% compared to Q3 2023Ended Q3 2024 with 25,729 gaming terminals; an increase of 4.1% compared to Q3 2023Record revenues of $302.2 million for Q3 2024; an increase of 5.1% compared to Q3 2023Net income of $4.9 million for Q3 2024; a decrease of 53.2% compared to Q3 2023 partially attributable to a higher loss on the change in fair value of the contingent earnout sharesAdjusted EBITDA of $45.9 million for Q3 2024; an increase of 3.9% compared to Q3 2023Q3 2024 ended with $289 million of net debt; an increase of 2.4% compared to Q3 2023Repurchased approximately $6.2 million of Accel Class A-1 common stock in Q3 2024Acquisition of a distributed gaming operator in the state of Louisiana expected to close in Q4 2024Acquisition of the FanDuel Sportsbook & Hor
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ACEL
News
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- Accel Boosts Gaming Portfolio & Expands in Illinois With FanDuel [Yahoo! Finance]Yahoo! Finance
- Accel Entertainment Announces the Successful Closure of Its Acquisition of Fairmount Holdings, Fairmount Park, Inc. D/b/a FanDuel Sportsbook & Racetrack in Collinsville, Illinois, Broadening Accel’s Reach Into the Locals Gaming MarketBusiness Wire
ACEL
Earnings
- 10/30/24 - Miss
ACEL
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- ACEL's page on the SEC website