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

1. ACEL reported record revenues of $317.5 million in Q4 2024, up 6.9%. 2. The company increased its locations and gaming terminals by 3.9% and 5.0%, respectively.

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FAQ

Why Bullish?

Record revenue growth indicates strong operational performance, similar to past successful quarters leading to stock appreciation.

How important is it?

Strong revenue and operational growth increases likelihood of investor interest and potential stock price appreciation.

Why Short Term?

Immediate positive financial results are likely to influence investor sentiment and stock price in the near term.

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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