Accel Entertainment (ACEL) Misses Q1 EPS by 4c

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Accel Entertainment Announces Q1 2022 Operating Results

May 4, 2022 4:30 PM EDT

CHICAGO--(BUSINESS WIRE)-- Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the first quarter ended March 31, 2022.

Highlights:

Revenue of $196.9 million for Q1 2022, an increase of 34% compared to Q1 2021 Q1 2022 revenue per location per day increased 3% vs Q1 2021 Net income of $15.8 million for Q1 2022; an increase of 952% compared to Q1 2021 Adjusted EBITDA of $35.2 million for Q1 2022; an increase of 37% compared to Q1 2021 Q1 2022 ended with 2,565 locations; an increase of 4% compared to Q1 2021 Q1 2022 ended with 13,663 video... More