United Parks & Resorts Inc. ( (PRKS) ) has released its Q1 earnings. Here is a breakdown of the information United Parks & Resorts Inc. presented to its investors.
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United Parks & Resorts Inc. is a global theme park and entertainment company known for its diverse portfolio of award-winning park brands and experiences, including SeaWorld and Busch Gardens, with a strong focus on animal welfare and rescue efforts. The company reported its first quarter 2025 financial results, highlighting a slight decline in attendance and revenue compared to the previous year, attributed to the shift of major holidays affecting peak visitation days. Key financial metrics revealed a decrease in total revenue to $286.9 million, a net loss of $16.1 million, and a drop in adjusted EBITDA to $67.4 million. Despite these declines, in-park per capita spending reached a record high, and the company continued its commitment to animal rescue, aiding 205 animals in the first quarter alone. Looking forward, United Parks & Resorts remains optimistic about the remainder of 2025, with significant investments in new rides and attractions expected to drive attendance and revenue growth, supported by strong bookings and international ticket sales.