Six Flags profit up on higher attendance and prices

Posted | Contributed by VitaminsAndGravy

Thanks to improved attendance and higher prices at its theme parks, third-quarter profits for Grand Prairie-based Six Flags Entertainment Corp. went up 31 percent, the company reported today. Six Flags reported net income of $253 million for the quarter ending Sept. 30, or $4.33 a share, compared to $192.8 million, or $3.43 a share in the year-ago quarter. Revenue for the quarter was $485 million, up $10 million, or 2 percent, driven by an increase in admissions revenue, the company said.