Seaport Entertainment reports Q3 net loss $32.5M; revenue $39.7M, down 2% YoY; completes separation and rights offering

Seaport Entertainment Group Inc.

2024-Q3 EPS reported -$20.21 revenue$88,292,000

Net loss attributable to common stockholders $32.5M ($5.89/sh) vs $736.2M ($133.31/sh) in Q3 2023 due to prior-year impairment.
Total revenues $39.7M, down 1.9% from $40.5M in prior year quarter.
Completed separation from Howard Hughes on July 31, 2024; now independent public company on NYSE American under SEG.
Subsequent rights offering on Oct 17, 2024 raised ~$166.7M from 7M shares at $25/sh.
Extended Live Nation programming agreement for Rooftop at Pier 17 for 5 years; signed license with The Dead Rabbit for holiday programming.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.