The July 1, 2024," merger of equals" between Cedar Fair and Six Flags created North America's largest regional amusement park operator, combining 27 amusement parks, 15 water parks, and nine resorts. The transaction promised significant cost synergies and enhanced scale, but instead exposed serious integration difficulties, operational missteps, and external pressures. Although the deal was intended to boost revenue and share access, the combined company faces significant debt that has led to cost-cutting, staffing cuts, and park closures to stabilize finances.
Path to Profitability Accelerates What stood out most was the trajectory. Fubo reported a $0.02 EPS beat against expectations for a $0.04 loss, marking the company's first positive annual earnings in years. The loss narrowed dramatically from a $0.16 miss in Q3 2024 to near breakeven this quarter. That's not just operational improvement. That's a company finally executing on its restructuring promises.