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Mar 31, 2024
Falcons Beyond Q1 2024 Earnings Report
Announced first quarter results, reporting consolidated revenue of $1.5 million and significant revenue increases in unconsolidated subsidiaries and joint ventures.
Key Takeaways
Falcon's Beyond Global, Inc. reported its first quarter 2024 financial results, highlighting an 87% year-over-year increase in revenue in Falcon’s Creative Group and strategic partnerships, including with Qiddiya and Raging Power Limited.
Falcon's Beyond announced a licensing agreement with The Hershey Company for location-based entertainment attractions.
Falcon’s Creative Group will serve as master planner, attraction designer, and creative guardian for the Dragon Ball theme park in Qiddiya City.
Falcon’s Creative Group is overseeing the creative guardianship of Saudi Arabia’s first water theme park, Aquarabia, and supporting the creation of a dedicated Gaming & Esports District within Qiddiya City.
Falcon’s Beyond launched Falcon’s Attractions Systems & Technologies to sell immersive rides and attractions worldwide.
Revenue by Segment
Forward Guidance
Falcon's Beyond plans growth amidst a surge in global spending in theme parks and location-based entertainment, with a commitment to reinvesting in and optimizing the business to foster continued growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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