Accel Entertainment (ACEL) Misses Q1 EPS by 10c

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Accel Entertainment Announces Q1 2023 Operating Results

May 3, 2023 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, 2023.

Highlights:

Ended Q1 2023 with 3,628 locations; an increase of 41% compared to Q1 2022 primarily due to the acquisition of Century Gaming, Inc. ("Century") Ended Q1 2023 with 23,497 gaming terminals; an increase of 72% compared to Q1 2022 primarily due to the acquisition of Century Revenue of $293.2 million for Q1 2023, an increase of 49% compared to Q1 2022 Net income of $9.2 million for Q1 2023; a decrease of 42%... More