secwatch.observer — SEC 8-K summary
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Issuer:     Accel Entertainment, Inc. (ACEL)
CIK:        0001698991
Form:       8-K/A
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0001698991-25-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698991/000169899125000004/0001698991-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698991/000169899125000004/acel-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001698991-25-000004

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