However, Six Flags said another measure of the company's earnings, adjusted EBITDA -- earnings before interest, taxes, depreciation and amortization -- totaled a company-high
Six Flags, which operates 18 parks, including Six Flags Over Texas and
That figure was lower because of two factors. The company logged a
"The company has great momentum," CEO
Fourth-quarter attendance was just 3.7 million guests during a period when the amusement parks are open only for Fright Fest and Holiday in the Park. And many parks, including those in
For all of 2013, attendance increased 2 percent to 26.1 million guests. Guest spending rose 6 percent to
Six Flags has been able to raise prices, and Reid-Anderson said he expects that trend to continue.
"We are still in the early stages of getting prices up," he said. "We're not done yet."
The record EBITDA marked an increase of
Reid-Anderson said guest satisfaction scores, which include safety ratings and value, reached record highs last year.
"With 2013 guest satisfaction scores also at a record high, our guests recognize we are providing innovative rides and attractions, superb service, and great value for their money," he said in a statement released before the analyst call.
Asked by an analyst about the effect on attendance from the July roller-coaster fatality at Six Flags Over Texas, Reid-Anderson said, "The tragic accident clearly impacted attendance there." He did not elaborate or make any comment about lawsuits filed in the case.
This week, Six Flags filed an action against Gerstlauer, the German maker of the coaster, alleging that the car the woman was riding in was defective and dangerous.
The woman's family has sued Six Flags and the manufacturer, and an attorney for Gerstlauer said this week that the company expects to sue Six Flags.
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