Six Flags Sees Record Earnings in 2011

Maybe it was the opening of the park's newest coaster, Dare Devil Dive, but Six Flags saw record earnings in 2011.

Six Flags Entertainment Corporation, the parent company of the Atlanta-area parks, announced impressive earnings for 2011, reporting $350 million of Adjusted EBITDA¹ in 2011 – the highest in company history. 

“We are extremely excited to kick off the park’s 45^th season here at Six Flags Over Georgia,” said Melinda Ashcraft, park president. “Throughout the years, our guests have supported our park, establishing Six Flags as a staple in the community.  In little more than a year after restructuring, Six Flags is once again leading the regional theme park industry by focusing on what we do best – delivering thrills and fun to guests of all ages.” 

Six Flags Over Georgia and Six Flags White Water are in the middle of a hiring spree to .  Applications are still being accepted online at sixflagsjobs.com.

This summer, the theme park will debut a ground-breaking new show aptly named iLuminate™, featuring state-of-the-art costumes equipped with Electroluminescent (EL) wire and LEDs to provide a full sensory experience for guests.  The show will run daily May 26 through Aug. 12 in the famed Crystal Pistol Music Hall. 

Six Flags White Water is bringing back the guest-favorite Dive-In Movies, a summertime event for families to relax at the Atlanta Ocean Wave Pool and catch the latest flicks on a giant screen.  Dive-In Movies will be shown weekly during June and July. 

Six Flags Over Georgia will kick off its 45^th season on Saturday, March 17.  The park will be open weekends through May 25, plus daily for Spring Break March 31 through April 8.   Six Flags White Water kicks off the summer season on Saturday, May 19.

The theme park is currently offering a deal on 2012 Season Passes, priced at just $54.99 each when four or more is purchase – the same price as a one-day admission ticket. 

Investors can find additional information at sixflags.com/investors or by contacting the company’s investor relations department. 

¹ “Adjusted EBITDA”, a non-GAAP measure, is defined as the Company’s consolidated income (loss) from continuing operations: (i) excluding the cumulative effect of changes in accounting principles, fresh start accounting valuation adjustments, discontinued operations, income tax expense or benefit, reorganization items, restructure costs, other income or expense, gain or loss on early extinguishment of debt, equity income or loss of investees, interest expense (net), amortization, depreciation, stock-based compensation, gain or loss on disposal of assets, interests of third parties in the Adjusted EBITDA of properties that are less than wholly owned by the Company (consisting of Six Flags Over Georgia, Six Flags Over Texas, Six Flags White Water Atlanta and Six Flags Great Escape Lodge & Indoor Waterpark (the "Lodge"), and (ii) plus the Company’s share of the Adjusted EBITDA of dick clark productions, inc.

-Courtesy of Six Flags Over Georgia