Six Flags posts 4Q loss in profitable year on higher admission revenue

Posted | Contributed by Jeff

Six Flags Entertainment Group, the nation’s largest operator of regional theme parks, said it lost $34.1 million in the fourth quarter as compensation increased for its executives. However, Six Flags said adjusted EBITDA totaled a record $439 million last year, a 9 percent increase over 2013. Revenue grew partly because of a 7 percent increase in admissions revenue and a 3 percent increase in sales inside the parks.