earnings
confidence high
sentiment positive
materiality 0.70
Accel Entertainment Q2 2024 revenue $309.4M (+5.7% YoY); net income up 46% to $14.6M
Accel Entertainment, Inc.
2024-Q2 EPS reported
$0.26
revenue$611,230,000
- Record Q2 revenue of $309.4M (+5.7% YoY); Adjusted EBITDA $49.7M (+6.5% YoY).
- Net income $14.6M (+46.1% YoY); adjusted net income $21.4M.
- Locations grew 4.7% to 4,034; gaming terminals up 5.7% to 25,757.
- Acquired Fairmount Holdings (FanDuel Sportsbook Collinsville, IL); expected close Q4 2024.
- Repurchased $9.2M of Class A-1 common stock in Q2; net debt $311M (+9% YoY).