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Accel Entertainment Announces 2024 Operating Results and Replenishment of Share Repurchase Program

1. Accel Entertainment reported record revenues of $317.5 million for Q4 2024. 2. The company expanded its locations by 3.9% and gaming terminals by 5.0%.

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$10.7702/28 10:59 PM EDTLatest Updated
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FAQ

Why Bullish?

The revenue growth and increased locations indicate strong operational performance, mirroring past successes when ACEL saw stock price increases following similar earnings reports.

How important is it?

The strong financial results and operational growth directly enhance investor confidence and could lead to stock price appreciation.

Why Short Term?

The immediate market response is likely to be positive, reflecting investor sentiment on strong quarterly performance, as evidenced in prior earnings announcements.

Related Companies

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the three months and year ended December 31, 2024. Highlights: Ended Q4 2024 with 4,117 locations; an increase of 3.9% compared to Q4 2023 Ended Q4 2024 with 26,346 gaming terminals; an increase of 5.0% compared to Q4 2023 Record revenues of $317.5 million for Q4 2024; an increase of 6.9% compared to Q4 2023 Record revenues of $1.2 billion for YE 2024; an increase of 5.2%.

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