SeaWorld Parks Reach Record Revenue

SeaWorld Entertainment Inc. announced preliminary revenue results for fiscal 2013, estimating its revenue at $1.46 billion.

That figure would represent a full-year record for the company in its 50-year operating history. SeaWorld (NYSE: SEAS) credits record fourth-quarter total attendance at the company’s parks in San Diego, San Antonio and Orlando, Fla., for the revenue increase.

The company expects to release final fourth-quarter and fiscal 2013 results in March.

“We are very pleased with our fourth-quarter performance, particularly for the SeaWorld-branded parks in Orlando and San Diego, which helped us to achieve record revenue for the year,” President and CEO Jim Atchison said.

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