Why SeaWorld (SEAS) Stock Is Moving Lower After Hours

NEW YORK (TheStreet) -- SeaWorld (SEAS) stock is moving lower in post-market trading Wednesday after the company reported a wider-than-expected net loss and lower revenue in its first quarter. 

After the bell, shares had dropped 3.7% to $28.25.

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The marine park operator reported a net loss of 56 cents a share over the three months to March, 7 cents wider than analysts surveyed by Thomson Reuters expected. 

Revenue of $212.29 million was 11% lower year over year and missed expectations of $216.77 million. 

Attendance at parks declined 13%, partially a result of a later-than-normal Easter holiday. 

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