---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055040"
form_type: "8-K"
ticker: "PRKS"
cik: "0001564902"
company_name: "United Parks & Resorts Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T09:58:10.008086+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# United Parks Q1 record revenue $297.4M, record Adjusted EBITDA $79.2M, net loss narrows to $11.2M

## Summary
- Revenue $297.4M (+1.4% YoY), record; Adjusted EBITDA $79.2M (+9.3% YoY), record.
- Net loss $11.2M, improved by $5.3M from Q1 2023; attendance 3.5M guests (+2.1%).
- In-park per capita spending up 4.0% excluding one-time Abu Dhabi revenue; 16th consecutive quarter of in-park growth.
- New $500M share repurchase program approved; repurchased ~1.9M shares for ~$100.8M through May 6, 2024.
- Raised $380M add-on to Term B-2 Loans; redeemed $227.5M senior secured notes due May 2025.

## SEC filing metadata
- accession: 0000950170-24-055040
- form_type: 8-K
- ticker: PRKS
- cik: 0001564902
- company_name: United Parks & Resorts Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564902/000095017024055040/0000950170-24-055040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564902/000095017024055040/prks-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055040
- JSON: https://secwatch.observer/filing/0000950170-24-055040.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055040.txt

## Key facts
- Earnings Releases
  United Parks & Resorts Inc. reported first quarter of 2024 results: revenue $297.4 million, net income Net loss of $11.2 million.
  - Period: first quarter of 2024
  - Revenue: $297.4 million
  - Net income: Net loss of $11.2 million
  - Result: reported results
  source text: United Parks & Resorts Inc. Reports First Quarter 2024 Results ORLANDO, FL, May 8 , 2024 - United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the first quarter of 2024. First Quarter 2024 Highlights • Attendance was 3.5 million guests, an increase of approximately 72,000 guests or 2.1% from the first quarter of 2023. • Total revenue was a record $297.4 million, an increase of $4.1 million or 1.4% from the first quarter of 2023. • Net loss was $11.2 million, the second smallest net loss in the first quarter and an improvement of $5.3 million from the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1564902/000095017024055040/0000950170-24-055040-index.htm

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