Accel Entertainment Q3 2024 revenue $302.2M (+5.1% YoY), net income down 53.2% to $4.9M

Accel Entertainment, Inc.

2024-FY EPS reported $0.41 revenue$1,230,972,000

Record revenue $302.2M (+5.1% YoY); net income $4.9M (-53.2% YoY) due to higher loss on contingent earnout shares.
Adjusted EBITDA $45.9M (+3.9% YoY); adjusted net income $18.4M.
Locations up 2.8% to 4,014; gaming terminals up 4.1% to 25,729.
Repurchased $6.2M of Class A-1 common stock in Q3 2024.
Acquisition of a distributed gaming operator in Louisiana and FanDuel Sportsbook in Collinsville, IL, expected to close Q4 2024.

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