Six Flags

Six Flags Reports Fourth Quarter and Full Year 2023 Performance

Retrieved on: 
Thursday, February 29, 2024

The season pass mix-driven decline in in-park spending per capita was partially offset by higher average pending per visit on food and beverage for full year 2023 versus the prior year and higher average spending per visit on attractions during Fright Fest in fourth quarter 2023 versus the prior year fourth quarter.

Key Points: 
  • The season pass mix-driven decline in in-park spending per capita was partially offset by higher average pending per visit on food and beverage for full year 2023 versus the prior year and higher average spending per visit on attractions during Fright Fest in fourth quarter 2023 versus the prior year fourth quarter.
  • Also, in fourth quarter 2023, the company incurred $15 million in merger-related transaction costs.
  • Deferred revenue was $128 million as of December 31, 2023, a decrease of $1 million, or 1%, from January 1, 2023.
  • At 7:00 a.m. Central Time today, February 29, 2024, the company will host a conference call to discuss its fourth quarter and full year 2023 financial performance.

Cedar Fair Reports Results for 2023

Retrieved on: 
Thursday, February 15, 2024

Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced its 2023 fourth-quarter and full-year results, ended Dec. 31, 2023.

Key Points: 
  • Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced its 2023 fourth-quarter and full-year results, ended Dec. 31, 2023.
  • “With the return to more normal operating conditions in the back half of 2023, the strength and resiliency of Cedar Fair’s business model was on full display,” said Cedar Fair CEO Richard Zimmerman.
  • Finally, during 2023, Cedar Fair recognized a $6 million net benefit to earnings for foreign currency gains and losses compared with a $24 million net charge to earnings for 2022.
  • Adjusted EBITDA, which management believes is a meaningful measure of the Company’s park-level operating results, totaled $528 million in 2023, compared to Adjusted EBITDA of $552 million for 2022.

SIX FLAGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Six Flags Entertainment Corporation - SIX

Retrieved on: 
Wednesday, February 14, 2024

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Six Flags Entertainment Corporation (NYSE: SIX) to Cedar Fair, L.P. (NYSE: FUN).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Six Flags Entertainment Corporation (NYSE: SIX) to Cedar Fair, L.P. (NYSE: FUN).
  • Under the terms of the proposed transaction, shareholders of Six Flags will receive 0.5800 shares of common stock in the new combined company for each share of Six Flags that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates SIX, HES, IONM

Retrieved on: 
Wednesday, February 14, 2024

If you are a Six Flags shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Six Flags shareholder, click here to learn more about your rights and options .
  • If you are a Hess shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates WAVD, HES, CSTR, SIX

Retrieved on: 
Saturday, February 10, 2024

If you are a WaveDancer shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a WaveDancer shareholder, click here to learn more about your rights and options .
  • If you are a Hess shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Six Flags Sets Date to Announce Fourth Quarter and Full Year 2023 Earnings

Retrieved on: 
Thursday, February 8, 2024

Six Flags Entertainment Corporation (NYSE: SIX) today announced it will release third quarter financial results before the market opens on Thursday, February 29, 2024.

Key Points: 
  • Six Flags Entertainment Corporation (NYSE: SIX) today announced it will release third quarter financial results before the market opens on Thursday, February 29, 2024.
  • 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.com , or by dialing 1-833-629-0614 in the United States or 1-412-317-9257 outside the United States and requesting the Six Flags earnings call.

Six Flags Launches Largest Digital Alliance in Theme Park Industry

Retrieved on: 
Thursday, January 18, 2024

Six Flags Entertainment Corporation (NYSE: SIX), the world’s largest regional theme park company and the largest operator of water parks in North America, today announced that it has launched the largest digital alliance in the theme park industry, partnering with Google, HCL Tech, Dell, Snowflake, Fueled, and Pure Imagination Studios.

Key Points: 
  • Six Flags Entertainment Corporation (NYSE: SIX), the world’s largest regional theme park company and the largest operator of water parks in North America, today announced that it has launched the largest digital alliance in the theme park industry, partnering with Google, HCL Tech, Dell, Snowflake, Fueled, and Pure Imagination Studios.
  • The digital alliance—a first of its kind in the theme park industry— will offer cutting-edge technologies from best-in-class companies to benefit both guests and team members.
  • "By partnering with the best-in-class companies, we are using data and technology to accelerate innovation and revolutionize the theme park industry."
  • The new latest technologies will revolutionize the guest experience by introducing immersive and interactive elements that are unparalleled in the theme park industry.

ELIQUENT Life Sciences Announces Steve Purtell as Chief Financial Officer

Retrieved on: 
Thursday, January 11, 2024

ELIQUENT Life Sciences, a global regulatory consulting firm for the life sciences industry, today announced the appointment of Steve Purtell as its new chief financial officer (CFO).

Key Points: 
  • ELIQUENT Life Sciences, a global regulatory consulting firm for the life sciences industry, today announced the appointment of Steve Purtell as its new chief financial officer (CFO).
  • View the full release here: https://www.businesswire.com/news/home/20240111611119/en/
    Steve Purtell - Chief Financial Officer, ELIQUENT Life Sciences (Photo: Business Wire)
    “Steve’s appointment comes at a pivotal moment for ELIQUENT.
  • As we unify the five Validant Group companies and expand our global footprint, Steve’s leadership and financial expertise will play a critical role in our continued growth,” said Tim Dietlin, Chief Executive Officer, ELIQUENT Life Sciences.
  • Steve joined ELIQUENT Life Sciences following more than 10 years at Six Flags, where he served in several finance-related roles, including Interim CFO.

Pomvom Ltd. and Israel Acquisitions Corp. Announce Definitive Business Combination Agreement, Bringing the Leading Experiential Content Company to the Nasdaq

Retrieved on: 
Tuesday, January 2, 2024

TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").

Key Points: 
  • TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").
  • The combined company will trade on the Nasdaq and leverage Pomvom's leading technology augmented with the expertise of the ISRL team.
  • Pomvom serves many of the largest theme park and attraction operators globally, including, parent companies Six Flags, Warner Bros., and Merlin Entertainment.
  • Pomvom's launch of digital content across its partner sites is expected to leverage its new online platform and accelerate long-term growth.

Pomvom Ltd. and Israel Acquisitions Corp. Announce Definitive Business Combination Agreement, Bringing the Leading Experiential Content Company to the Nasdaq

Retrieved on: 
Tuesday, January 2, 2024

TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").

Key Points: 
  • TEL-AVIV, Israel, Jan. 2, 2024 /PRNewswire/ -- Israel Acquisitions Corp. (NASDAQ: ISRL) (NASDAQ: ISRLU) (NASDAQ: ISRLW) ("ISRL") , a publicly-traded special purpose acquisition company, and Pomvom Ltd.(TASE: PMVM) ("Pomvom" or the "Company"), a technology company that develops experiential content to amusement parks and attractions globally, replacing operative physical solutions, today announced a definitive business combination agreement at a total equity value for Pomvom of $125 million USD (the "Business Combination Agreement").
  • The combined company will trade on the Nasdaq and leverage Pomvom's leading technology augmented with the expertise of the ISRL team.
  • Pomvom serves many of the largest theme park and attraction operators globally, including, parent companies Six Flags, Warner Bros., and Merlin Entertainment.
  • Pomvom's launch of digital content across its partner sites is expected to leverage its new online platform and accelerate long-term growth.