secwatch.observer — SEC 8-K summary
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Issuer:     Accel Entertainment, Inc. (ACEL)
CIK:        0001698991
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001698991-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Accel reports record FY 2023 revenue $1.2B, adjusted EBITDA $181M; Q4 rev $297M
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- Net income of $16M for Q4 2023 and $46M for full year 2023.
- Ended 2023 with 3,961 locations (+6% YoY) and 25,083 gaming terminals (+7% YoY).
- Net debt reduced 12% YoY to $281M; repurchased $30M of stock in 2023.
- Illinois same-store sales growth of 3% for full year 2023.
- CEO cites another record-setting year focused on local gaming market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698991/000169899124000006/0001698991-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698991/000169899124000006/acel-20240228.htm
  HTML page:      https://secwatch.observer/filing/0001698991-24-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer