Six Flags 4th QTR. Revenue Up 7%

[PcMan]

www.reuters.com/article/pressRelease/idUS137727+08-Jan-2008+PRN20080108

they should expand in Dubai  its a no brainier see below bold highlight if so this stock would fly.
potential international opportunities this is the biggest news I think the best in years.

Fourth Quarter Revenue Up 7% on Attendance Growth of 4%

    NEW YORK, Jan. 8 - Six Flags, Inc. (NYSE: SIX)
today announced revenue and attendance results for its fourth quarter ended
December 31, 2007, as well as information regarding advance season pass sales
for the 2008 season.(1)
    Total revenue for the 2007 fourth quarter increased 7% to approximately
$111 million from $104 million in the prior-year period.  Attendance increased
0.1 million, or 4%, to 2.8 million from 2.7 million in the prior-year period,
driven by December performance.
    The Company also announced an increase in 2008 season pass sales during
the fourth quarter.  As of December 31, 2007, advance sales of 2008 season
passes increased by a significant double-digit percentage compared to the
number of 2007 season passes sold as of December 31, 2006.  The number of
season passes sold through December historically represents less than 10% of
the total number of season passes to be sold for the year.
Mark Shapiro, Six Flags President and CEO, provided the following
commentary on the Company's performance:
    "Our fourth quarter attendance and revenue performance along with the
advance sales of 2008 season passes provide solid evidence that,
notwithstanding the economic headwinds that many sectors have been
experiencing for the last several months, our guests' desire to enjoy a
convenient, affordable, and family-friendly entertainment offering at Six
Flags remains strong.
    We're looking forward to building on this momentum in 2008 with a
thrilling new attraction program that includes eight coasters in eight parks,
significant productivity and cost efficiencies, continued per capita spending
and sponsorship growth, as well as potential international opportunities."
    Revised Guidance and Year End Liquidity
    In light of the fourth quarter performance, the Company expects it will
slightly exceed its prior guidance.
    As of December 31, 2007, the Company had $5 million outstanding on its
$275 million revolving credit facility (excluding letters of credit in the
amount $27 million), leaving $243 million of additional revolver availability
to fund its off-season expenses.