Six Flags reports higher revenue and wider loss for quarter

Posted | Contributed by Jeff

Six Flags Entertainment Corp. reported a $70.3 million loss for the first quarter Wednesday despite a 16 percent increase in revenue during what is typically the slowest time at its theme parks. Revenue for the first three months of 2015 totaled $85.1 million, up 16 percent from $73.7 million in the first quarter of 2014. The increase was due primarily to higher sales of season and membership passes.