Mad Dog
V.I.P. Member
Comcast posted a 3.2 % revenue increase for their theme parks during the fourth quarter of 2019. Revenue of 1.6 Billion for US & Japan parks. They attributed the increase to increased guest spending. Adjusted EPITDA decreased 4.5% to 636 million in the 4th quarter, reflecting higher revenue, more than offset by higher operating expenses.....They did not mention an attendance increase, as they are wont to do when attendance increases, which indicates that attendance was probably flat for the quarter..............For the 12 months ended Dec. 31, 2019, revenue from the theme parks segment increased 4.4% to 5.9 Billion due to increases in guest spending and higher attendance, Adjusted EBITD of 2.5 Billion was consistent with the prior year period reflecting an increase in revenue, offset by the higher operating expenses.
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