For the eighth consecutive quarter, the Dallas-based owner/operator has reported continued growth. For the first quarter of fiscal year 2016, revenue has increased 6.3% and adjusted EBITDA has increased 8.2%, driven by higher revenue and improved margin performance.

The Dallas-based corporation reported that revenue increased $52.3 million, or 24.8%, to $263.7 million for the second quarter of 2015. Same-club revenue was up $5.5 million, or 2.6%, due primarily to higher dues revenue and increased food & beverage spending.

The management firm raised its adjusted EBITDA outlook for 2015 for between $230 and $240 million, and announced a drive to achieve $300 million in annual adjusted EBITDA in 2018.

The Dallas-based owner and operator of private clubs plans to pay off $270 million of principal in senior notes, saving $14 million in net interest each year. The payment will be made May 11 with a $350 million lower-interest loan that is scheduled to mature in 2020, easing the company’s financial future and freeing up capital.