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Earnings Call Summary | Accel Entertainment(ACEL.US) Q1 2024 Earnings Conference

Earnings Call Summary | Accel Entertainment(ACEL.US) Q1 2024 Earnings Conference

财报电话会议摘要 | Accel Entertainment (ACEL.US) 2024 年第一季度财报会议
moomoo AI ·  05/11 16:03  · 电话会议

The following is a summary of the Accel Entertainment, Inc. (ACEL) Q1 2024 Earnings Call Transcript:

以下是Accel Entertainment, Inc.(ACEL)2024年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • Accel Entertainment reported a Q1 revenue of $302 million, a YoY increase of 2.9%.

  • Adjusted EBITDA increased by 0.3% YoY to $46 million.

  • Despite negative same-store sales growth, new locations in Illinois and Nebraska allowed for overall revenue growth.

  • The company ended Q1 with $286 million in net debt and $553 million of liquidity.

  • Accel Entertainment报告称,第一季度收入为3.02亿美元,同比增长2.9%。

  • 调整后的息税折旧摊销前利润同比增长0.3%,至4,600万美元。

  • 尽管同店销售额出现负增长,但伊利诺伊州和内布拉斯加州的新分店促进了整体收入的增长。

  • 该公司在第一季度末的净负债为2.86亿美元,流动性为5.53亿美元。

Business Progress:

业务进展:

  • Accel maintains a stable cost structure amidst inflationary impacts, and sees a bright future with an active pipeline across the country.

  • Almost 60% of the $200 million share repurchase program is completed.

  • Plans for expansion in multiple markets by year-end are underway, backed by their consistent growth and strong balance sheet.

  • 在通货膨胀的影响下,Accel保持了稳定的成本结构,并预见了光明的未来,全国各地都有活跃的产品线。

  • 2亿美元的股票回购计划中有近60%已经完成。

  • 在持续增长和强劲资产负债表的支持下,到年底在多个市场进行扩张的计划正在进行中。

More details: Accel Entertainment IR

更多详情: Accel 娱乐 IR

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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