secwatch / observer
8-K filed May 9, 2023, 7:59 PM ET ticker PRKS CIK 0001564902
earnings confidence high sentiment positive materiality 0.65

SeaWorld Q1 revenue record $293.3M (+8.4%); net loss widens to $16.5M, adjusted EBITDA record $72.4M

United Parks & Resorts Inc.

2023-Q1 EPS reported -$0.26 revenue$293,346,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

United Parks & Resorts Inc. reported the quarter ended March 31, 2023 results: revenue $293.3 million, net income $16.5 million. Guidance reaffirmed.

Period
the quarter ended March 31, 2023
Revenue
$293.3 million
Net income
$16.5 million
Guidance
reaffirmed
Result
reported results
Exact text from the filing
First Quarter 2023 Highlights • Attendance was 3.4 million guests, a decrease of approximately 25,000 guests from the first quarter of 2022. • Total revenue was a record $293.3 million, an increase of $22.7 million or 8.4% from the first quarter of 2022. • Net loss was $16.5 million, the second smallest net loss in the first quarter and an increase of $7.5 million from the first quarter of 2022. • Adjusted EBITDA [1] was a record $72.4 million, an increase of $6.5 million or 9.8% from the first quarter of 2022. • Total revenue per capita [2] increased 9.2% to a record $86.84 from the first quarter of 2022. Admission per capita [2] increased 9.4% to a record $48.51 while in-park per capita spending [2] increased 8.9% to a record $38.33 from the first quarter of 2022.
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Source: SEC EDGAR
accession 0000950170-23-019111
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