News & Events zu Seaport Entertainment Group Inc (SEG)SEGSeaport Entertainment Group Inc

Seaport Entertainment Reports Q3 Revenue of $32.704M

Reports Q3 revenue $32.704M vs $45.05M last year. "Despite weather-related headwinds in Las Vegas and New York City, we delivered positive operating EBITDA for the second consecutive quarter and a 60% improvement in our third quarter non-GAAP adjusted net loss per share," said Matt Partridge, President and Chief Executive Officer of Seaport Entertainment Group. "The Balloon Museum at the Tin Building opened to a strong reception, and we anticipate that momentum will only grow as awareness builds. Combined with over 160,000 square feet of new tenants and concepts we've signed but not yet opened, we have an exciting pipeline that we expect will drive increased visitation to the Seaport and improve our long-term financial performance."

Seaport Entertainment Reports Q2 Revenue of $34.29M

Reports Q2 revenue $34.29M, consensus $32.16M. "The second quarter was our strongest to date, with each business segment profitable for the first time in our two-year history. Our emphasis on delivering unique in-person experiences through a growing events calendar and increased set of offerings are resulting in more visitors, more energy, and more reasons to return to our destinations," said Matt Partridge, President and Chief Executive Officer of Seaport Entertainment Group. "With the upcoming opening of Balloon Museum at the Tin Building, the Las Vegas Aviators once again positioned for a playoff run, and an exciting pipeline of new concepts and activations coming to both New York and Las Vegas, we believe the progress we've made is building momentum to deliver long-term value for our communities, shareholders and partners."

Seaport Entertainment Partners with Public Service for New Project

Seaport Entertainment Group announced a partnership with Public Service, the organization behind Public Records, to develop a new project in the Seaport in Lower Manhattan. The restaurant concept, which will involve the revitalization of a historic building, is expected to open in 2027. This addition brings an exciting new dimension to one of the most iconic waterfront neighborhoods in New York City.