Six Flags Q1 revenue down 6%; net loss widens to $83M; season pass sales up double-digits

Six Flags Entertainment Corp/OLD

2024-Q1 EPS reported -$0.98 revenue$133,291,000

Revenue $133M (-6% YoY); net loss $83M ($0.98 diluted loss) vs $70M loss ($0.84) prior year.
Adjusted EBITDA loss $26M, wider than $17M loss last year; includes $5M merger-related costs.
Guest spending per capita fell 8% to $74.35; attendance up 6% to 1.7M visits.
Completed $850M senior secured notes offering at 6.625% due 2032; used to repay term loan and revolver.
Shareholders approved Cedar Fair merger; expected close H1 2024 pending antitrust review.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Six Flags Entertainment Corp/OLD reported first quarter ended March 31, 2024 results: revenue $133 million, net income Net Loss of $83 million, EPS $(0.98) per diluted share.

Period: first quarter ended March 31, 2024
Revenue: $133 million
Net income: Net Loss of $83 million
EPS: $(0.98) per diluted share
Result: reported results

Exact text from the filing

first quarter Revenue of $133 million, Net Loss of $83 million

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Source: SEC EDGAR

accession 0000701374-24-000020

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