Business
United Parks & Resorts Inc. Reports First Quarter 2025 Results
United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the first quarter of 2025.
About this update from United Parks & Resorts Inc.
[{"type":"text","content":"ORLANDO, Fla., May 12, 2025 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the first quarter of 2025.","length":205,"tagName":"p"},{"type":"image","alt":"United Parks & Resorts Inc. (PRNewsfoto/United Parks and Resorts Inc.)","displaySize":"","headline":null,"caption":"United Parks & Resorts Inc. (PRNewsfoto/United Parks and Resorts Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":207,"url":"https://media.zenfs.com/en/prnewswire.com/7f7bce0e45bcd547722e22091f4628d0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/f2XZ_ykHT.lVKblv.dXnRg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM2NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/7f7bce0e45bcd547722e22091f4628d0","width":400,"height":207}},"href":"https://mma.prnewswire.com/media/2349467/United_Parks_and_Resorts_Inc_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"First Quarter 2025 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Attendance was 3.4 million guests, a decrease of approximately 59,000 guests or 1.7% from the first quarter of 2024.","length":116,"tagName":"p"}]},{"val":[{"type":"text","content":"Total revenue was $286.9 million, a decrease of $10.5 million or 3.5% from the first quarter of 2024.","length":101,"tagName":"p"}]},{"val":[{"type":"text","content":"Net loss was $16.1 million, a decrease of $4.9 million from the first quarter of 2024.","length":86,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA[1] was $67.4 million, a decrease of $11.7 million or 14.8% from the first quarter of 2024.","length":106,"tagName":"p"}]},{"val":[{"type":"text","content":"Total revenue per capita[2] decreased 1.8% to $84.62 from the first quarter of 2024. Admission per capita[2] decreased 4.2% to $46.04 while in-park per capita spending[2] increased 1.1% to a record $38.58 from the first quarter of 2024.","length":236,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":645,"olType":false},{"type":"text","content":"Other Highlights","length":16,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"In the first quarter, the Company repurchased approximately 100,000 shares for an aggregate total of approximately $...