secwatch.observer — SEC 8-K summary
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Issuer:     Accel Entertainment, Inc. (ACEL)
CIK:        0001698991
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001698991-24-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Accel Entertainment Q2 2024 revenue $309.4M (+5.7% YoY); net income up 46% to $14.6M
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698991/000169899124000036/0001698991-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698991/000169899124000036/acel-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001698991-24-000036

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