---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-036167"
form_type: "8-K"
ticker: "PRKS"
cik: "0001564902"
company_name: "United Parks & Resorts Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:10:55.553469+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SeaWorld Q2 preliminary results: revenue $494-497M, net income $85-88M; also announces debt repricing & note redemption

## Summary
- Q2 attendance 6.1M guests (-3.2% vs Q2 2022); total revenue expected $494-497M vs $504.8M.
- Net income $85-88M vs $116.6M; Adjusted EBITDA $222-225M vs $234.4M. Decline driven by higher interest & lower revenues.
- Cash and cash equivalents ~$147M as of June 30, 2023.
- Launched repricing of Term Loan Facility; conditional redemption of $227.5M 8.75% senior secured notes due 2025 on Aug 31.
- Redemption price 102.188% of principal plus accrued interest; conditioned on completion of financing.

## SEC filing metadata
- accession: 0000950170-23-036167
- form_type: 8-K
- ticker: PRKS
- cik: 0001564902
- company_name: United Parks & Resorts Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564902/000095017023036167/0000950170-23-036167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564902/000095017023036167/seas-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-036167
- JSON: https://secwatch.observer/filing/0000950170-23-036167.json
- Plain text: https://secwatch.observer/filing/0000950170-23-036167.txt

## Key facts
- Earnings Releases
  United Parks & Resorts Inc. reported three months ended June 30, 2023 results: revenue $494-$497 million, net income $85-$88 million.
  - Period: three months ended June 30, 2023
  - Revenue: $494-$497 million
  - Net income: $85-$88 million
  - Result: preliminary results
  source text: • Total revenues is expected to be approximately $494-$497 million, compared to $504.8 million in Q2 2022. The decline was largely a result of a decrease in attendance, partially offset by an increase in total revenue per capita. • Net income is expected to be approximately $85-$88 million, compared to $116.6 million in Q2 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1564902/000095017023036167/0000950170-23-036167-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.