secwatch.observer — SEC 8-K summary
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Issuer:     Six Flags Entertainment Corporation/NEW (FUN)
CIK:        0001999001
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001999001-24-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Six Flags Q3 revenue $1.35B, Adj EBITDA $558M; targets $800M FCF by 2027
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- Net income $111M ($1.10 diluted EPS); Adj EBITDA $558M includes $206M from legacy Six Flags.
- Attendance 21M guests; October attendance up 20% to 6.5M visits vs combined prior year.
- Targeting at least $800M annual unlevered pre-tax free cash flow by 2027 with >35% Modified EBITDA margins.
- $50M run-rate cost synergies expected by end-2024; $120M total by end-2025.
- Q4 2024 Adj EBITDA guidance $205-215M; net debt $4.72B; $42M Schlitterbahn goodwill impairment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1999001/000199900124000025/0001999001-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1999001/000199900124000025/fun-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001999001-24-000025

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