secwatch.observer — SEC 8-K summary
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Issuer:     United Parks & Resorts Inc. (PRKS)
CIK:        0001564902
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0000950170-24-087113
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Parks & Resorts reports preliminary Q2 rev ~$495-500M; launches credit amendment to $700M revolver
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- Attendance of 6.2M guests (+100k YoY); total revenue ~$495-500M, roughly flat vs $496M in Q2 2023.
- Net income ~$87-95M vs $87.1M; Adjusted EBITDA ~$215-220M vs $224.2M in prior year quarter.
- Launched amendment to refinance first lien term loan, increase revolver from $390M to $700M, extend maturities (subject to conditions).
- Full Q2 results expected to be filed on Form 10-Q by August 9, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564902/000095017024087113/0000950170-24-087113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564902/000095017024087113/prks-20240729.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-087113

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer