secwatch.observer — SEC 8-K summary
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Issuer:     United Parks & Resorts Inc. (PRKS)
CIK:        0001564902
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0000950170-25-027323
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Parks Q4 revenue $384M (-1.2% YoY); net income $27.9M; repurchased 9.4M shares in FY2024
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- Q4 2024: revenue $384.4M (-1.2% YoY), net income $27.9M (-$12.2M), Adj. EBITDA $144.5M (-$6.0M).
- FY 2024: revenue $1,725.3M (-0.1% YoY), net income $227.5M (-2.9%), Adj. EBITDA $700.2M (-1.9%).
- In-park per capita spending records: Q4 $35.14 (+3.5%), FY $36.46 (+2.0%); total per capita also record $80.07.
- Hurricanes Helene, Milton, Debby reduced Q4 attendance by ~167k, FY by ~432k; adjusted attendance up ~2% YoY.
- Repurchased 9.4M shares (~15% outstanding) for $482.9M; refinanced Term Loans in Dec 2024 saving ~$8M annual interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564902/000095017025027323/0000950170-25-027323-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564902/000095017025027323/prks-20250226.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-027323

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