secwatch.observer — SEC 8-K summary
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Issuer:     United Parks & Resorts Inc. (PRKS)
CIK:        0001564902
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0000950170-24-122753
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Parks Q3 net income down 3.1% to $119.7M; repurchases 4.1M shares in quarter
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- Q3 revenue $545.9M (-0.4% YoY); net income $119.7M (-3.1%); Adjusted EBITDA $258.4M (-3.0%).
- Attendance 7.0M guests (-1.4%); in-park per capita record $35.42 (+1.6%).
- Increased revolving credit facility to $700M from $390M; lowered cost by 50 bps.
- Repurchased 4.1M shares for $211.7M in Q3; additional 0.8M shares for $37.7M through Nov 6.
- Weather/calendar impact ~320,000 guests; post-Hurricane Milton attendance up 8% through Nov 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564902/000095017024122753/0000950170-24-122753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564902/000095017024122753/prks-20241107.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-122753

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