Universal Parks & Resorts reports Q4 growth

Things are still going well for Universal Parks & Resorts according to their fourth-quarter and year end results. According to the Comcast earnings report, theme parks revenue increased 32.1% to $1.3 billion in the fourth quarter with operating cash flow increasing 41.9% to $640 million.

The year end results are just as as good with revenue increasing 48.2% to $4.9 billion compared to 2015 and operating cash flow increased 49.6% to $2.2 billion. The results can be attributed to The Wizarding World of Harry Potter in Hollywood as well as higher attendance.

Orlando Sentinel’s Sandra Pedicini powered through the earnings call to hear more of what Comcast CEO Brian Roberts had to say. It seems that Skull Island: Reign of Kong and the Incredible Hulk Roller Coaster helped with the results, and Comcast is looking foward to another strong year due to Race Through New York Starring Jimmy Fallon and Volcano Bay.

(h/t – Orlando Sentinel)

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