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Stock impact report

Accel Entertainment Announces 2023 Operating Results [Yahoo! Finance]

Accel Entertainment, Inc. (ACEL) 
Company Research Source: Yahoo! Finance
Highlights: Ended 2023 with 3,961 locations; an increase of 6% compared to 2022; excluding Nebraska, locations increased 3% compared to 2022 Ended 2023 with 25,083 gaming terminals, an increase of 7% compared to 2022; excluding Nebraska, gaming terminals increased 5% compared to 2022 Another record year for Revenue and Adjusted EBITDA Revenue of $297 million for Q4 2023 and $1.2 billion for YE 2023 Net income of $16 million for Q4 2023 and $46 million for YE 2023 Adjusted EBITDA of $45 million for Q4 2023 and $181 million for YE 2023 Illinois same store sales growth was 1% for Q4 2023 and 3% for YE 2023 2023 ended with $281 million of net debt, a decrease of 12% compared to 2022 Repurchased $14 million of Accel Class A-1 common stock for Q4 2023 and $30 million for YE 2023 Accel CEO Andy Rubenstein commented, "I am excited to report that Accel had another record-setting year in 2023. Our continued success demonstrates the long-term viability of focusing on the loc Show less Read more
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