Universal Orlando reports most profitable quarter ever

ORLANDO, Fla. — Good news for Universal Orlando theme parks, as the company reported its most profitable quarter ever.

During a quarterly earnings call, Comcast CEO Brian Roberts said the company’s Orlando theme park “reported the most profitable quarter in its history despite having virtually no international guests due to COVID-related travel restraints.”

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The company said thanks to improving conditions, revenue at its theme parks increased $1.1 billion to $1.4 billion in the third quarter of 2021.

Unlike NBC Universal’s other theme parks, Universal Orlando does not operate with strict COVID-19 requirements such as limited capacity or vaccine requirements.

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Comcast Chief Financial Officer Michael Cavanaugh said the easing of international travel restrictions should help improve attendance at the parks.

“We are encouraged by the continued recovery but getting back to, and then exceeding, pre-pandemic levels,’’ Cavanaugh said.

Read: Workers to rally against medical mandates on the Space Coast

Comcast’s third quarter ended Sept. 30.

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Universal Orlando Park guests wearing protective masks take a selfie at the Universal Studios theme park in Orlando, Florida, U.S., on Friday, June 5, 2020. Universal Orlando began a phased reopening, becoming the first of the major theme parks in Central Florida to resume operations after the onset of the coronavirus pandemic. Photographer: Zack Wittman/Bloomberg via Getty Images (Zack Wittman/Bloomberg/Bloomberg via Getty Images)

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