Accel Entertainment Announces 2023 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 three-months and year ended December 31, 2023.Highlights:Ended 2023 with 3,961 locations; an increase of 6% compared to 2022; excluding Nebraska, locations increased 3% compared to 2022Ended 2023 with 25,083 gaming terminals, an increase of 7% compared to 2022; excluding Nebraska, gaming terminals increased 5% compared to 2022Another record year for Revenue and Adjusted EBITDARevenue of $297 million for Q4 2023 and $1.2 billion for YE 2023Net income of $16 million for Q4 2023 and $46 million for YE 2023Adjusted EBITDA of $45 million for Q4 2023 and $181 million for YE 2023Illinois same store sales growth was 1% for Q4 2023 and 3% for YE 20232023 ended with $281 million of net debt, a decrease of 12% compared to 2022Repurchased $14 million of Accel Class A-1 common stock for Q4 2023 and $30 million for YE 2023Accel CEO Andy Rubenstein commented, “I am exc
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ACEL
Earnings
- 2/28/24 - Beat
ACEL
Sec Filings
- 4/29/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- ACEL's page on the SEC website