secwatch.observer — SEC 8-K summary
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Issuer:     United Parks & Resorts Inc. (PRKS)
CIK:        0001564902
Form:       8-K
Filed at:   2026-05-11T23:59:59+00:00
Accession:  0001193125-26-215684
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Parks & Resorts Q1 net loss $34.1M, revenue $278.3M, attendance down 171K
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- Net loss of $34.1M vs $16.2M loss year ago; Adjusted EBITDA $58.0M, down $9.5M.
- Revenue $278.3M, down $8.7M (-3%); in-park per capita record $40.62 (+5.3%).
- Attendance 3.2M guests, down ~171K; ~140K weather impact, ~80K international decline.
- Repurchased 2.6M shares for ~$92.7M in Q1; additional 1.8M for ~$64.8M after quarter.
- Paid pass sales up ~10% in Q1 and ~12% through April; Discovery Cove bookings up double-digits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564902/000119312526215684/0001193125-26-215684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564902/000119312526215684/prks-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-215684

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