Accel Entertainment reported a strong Q4 2021, with revenue increasing to $212.1 million and net income reaching $11.5 million. The company benefited from continued growth in its video gaming terminal operations and effective cost management.
Q4 revenue increased to $212.1 million, up from $163.5 million in the prior year.
Net income for Q4 was $11.5 million, compared to a net loss of $1.7 million in the prior year.
Adjusted EBITDA for Q4 increased to $34.4 million, up from $27.4 million in the prior year.
The company expanded its footprint, adding new locations and terminals during the quarter.
Accel Entertainment anticipates continued growth in 2022, driven by expansion in existing markets and entry into new jurisdictions. The company expects to benefit from increased consumer spending and the ongoing recovery of the entertainment industry.
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