Live Nation posts best Q1 ever: $27M operating income, $209M AOI; Ticketmaster record

Live Nation Entertainment, Inc.

2022-Q1 EPS reported -$0.39 revenue$1,802,808,000

Operating income of $27M and AOI of $209M; company calls it best first quarter ever.
Ticketmaster operating income up 3x, AOI up 2x vs Q1 2019; transacted GTV up 39%.
70M tickets sold for 2022 concerts, up 36% vs same point in 2019; committed show count up 44%.
Sponsorship operating income up 83% and AOI up 75% vs Q1 2019; 90% of planned sponsorship revenue committed.
Event related deferred revenue $3.5B, up nearly 2x vs Q1 2019; fan demand driving double-digit ticket pricing increase.

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