Six Flags Entertainment (SIX) Misses Q3 EPS by 56c, Sales Miss
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Record September Year-to-Date Revenue at Six Flags
October 26, 2016 7:04 AM EDTAttendance and Guest Spending Per Capita Increase in First Nine Months of 2016
GRAND PRAIRIE, Texas--(BUSINESS WIRE)-- Six Flags Entertainment Corporation (NYSE: SIX), the worlds largest regional theme park company, today announced revenue for the first nine months of 2016 grew $34 million or 3 percent to $1.1 billion, driven primarily by admissions, in-park and international licensing revenue. Net income declined by $36 million or 24 percent, primarily due to an $86 million pre-tax stock-based compensation charge relating to the probable achievement of Project 600 by 2017, a long-term incentive compensation program established by the company in October 2014.
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