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"2022 was a year of transition. Many initiatives were successful and some were not.
Shares of Six Flags Entertainment Corp. rocketed Monday, toward their best day in more than three years, after the theme park operator reported record first-quarter revenue beat expectations, as record guest spending helped offset a decline in attendance.
Markets gave up a bit of ground Monday morning. Shares of Zscaler jumped after the cybersecurity specialist released preliminary quarterly results that were better than most investors had expected.
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the decline in stock for Six Flags following first-quarter earnings.
Six Flags Entertainment (NYSE:SIX) reported record first-quarter revenue that beat expectations and a smaller-than-expected loss, sending its shares up by over a fifth in early trade. The world's largest regional theme park company and the largest operator of water parks in North America grew revenue by 3% to $142 million for the three months to April 2, 2023, above the $132.7 million Zacks consensus estimates.
Six Flags Entertainment Corp. SIX reported Monday first-quarter results that beat expectations, as attendance slipped but spending by theme park guests increased. The theme park operator's stock was still inactive in premarket trading.
Lower attendance, revenues and high costs are likely to impact Six Flags Entertainment's (SIX) Q1 results.
Six Flags Entertainment Corp. SIX, -3.95% said Thursday that it plans to hire 15,000 employees, as it hosts its hiring event from April 22 through April 30 at all of its U.S. locations. That's inline with theme park company's plan last year to hire 15,000 employees.
ARLINGTON, Texas--(BUSINESS WIRE)--Six Flags Entertainment Corporation (NYSE: SIX) today announced it will release first quarter financial results before the market opens on Monday, May 8, 2023. An investor conference call will follow beginning at 7:00 a.m. Central Time. The call can be accessed through the Six Flags Investor Relations website, investors.sixflags.
Managerial changes have brought about significant changes in strategy. SIX looks to shift their products away from volume to value.