earnings
confidence high
sentiment positive
materiality 0.75
Pursuit reports record Q1 revenue of $51.6M (+37.4% YoY); net loss narrows; reaffirms FY2026 guidance
Pursuit Attractions & Hospitality, Inc.
2026-Q1 EPS reported
-$0.90
revenue$51,642,000
- Revenue rose 37.4% to $51.6M; net loss improved to $24.9M from $31.1M in Q1 2025.
- Adjusted EBITDA loss narrowed to $14.9M from $17.5M; adjusted EPS loss of $0.94 vs $0.96.
- Reaffirms FY2026 revenue ~$465M and Adjusted EBITDA $123-133M, implying ~9% growth at mid-point.
- Completed $40.4M in share repurchases ($35.40 avg); board added $50M to authorization, leaving $59.6M.
- Flyover sale to Brogent for $78.4M expected to close May 2026; net leverage pro forma below 1x.
item 2.02item 9.01