Six Flags Entertainment Corp., following the implementation of the bankrutpcy reorganization plan outlined in a previous blog post, has reported a $183.5 million net loss for the first quarter.

This loss comes from interested owed on more than $400 million in senior notes as well as higher operating expenses, expenses in connection with the reorganization plan, and expenses related to income tax.

The net loss over this period amounts to $183.5 million, or $1.87 per share, on revenue of $57.3 million. Last year, the company posted a comparatively better net loss of $140.8 million, losing $1.50 per share, on revenue of $51.1 million.

The business has appointed Al Weber Jr. as president and interim chief executive officer, while retaining an executive search firm to locate a permanent CEO.

If you are facing bankruptcy, contact the Milwaukee bankruptcy attorneys of the DeLadurantey Law Office, LLC, at 414-377-0518 to discuss your financial future.