Revenue is down as well
Sadly, with attendance down during this quarter, total revenue decreased by $9.5 million, or 2.0%, to $473.7 million from the third quarter of 2018, with net income increasing by $2.0 million, or 2.1%, to $98.0 million from the third quarter of 2018.
However, things are at least still positive for the parks group as a whole for the year to date, as total revenue increased by $8.0 million, or 0.7%, to $1.1 billion from the first nine months of 2018. In addition, net income increased by $57.8 million, or 103.5%, to $113.7 million from the first nine months of 2018
SeaWorld will continue to invest heavily in its parks
SeaWorld plans to continue to invest in new rides, attractions, events and more are expected to continue into 2020 and beyond, with the company pledging to open at least one new attraction every year.
Add new comment