Universal Parks & Resorts Revenue Down Nearly 81% in Third Quarter; Anticipates Breaking Even in 2021

Despite revenue being down over 80% in the third fiscal quarter, Universal Parks & Resorts expressed optimism that they will break even in 2021. The Orlando Business Journal‘s Richard Bilbao described the discussion taking place on the third quarter report from Universal’s parent company, Comcast. Unsurprisingly, the theme parks end of the business is still being affected by the ongoing COVID-19 pandemic. Revenue has dropped 80.9% to $311 million compared to the same period last year, while 2020 overall revenue […]

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