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Jim Atchison

SeaWorld reports higher profit but lower attendance

SeaWorld reports higher profit but lower attendance

In a rare bit of positive news for SeaWorld Entertainment, the embattled company reported Thursday that its net income rose more than 12% during the third quarter, while revenues showed a much more modest gain, breaking a yearlong string of disappointing earnings reports.

Visitation, though, at the Orlando company's 11 parks continues to be mixed.

Attendance fell by 0.4% to 8.371 million, a number that would have been higher were it not for declines in its San Diego and San Antonio parks, SeaWorld reported.

Its earnings growth of nearly $11 million came during SeaWorld's crucial summer quarter, when attendance at the theme parks is at its highest. Revenue, SeaWorld said,...

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