Live Nation Q2 revenue up 27% to $5.6B, EPS $1.02; record 117M tickets YTD

Live Nation Entertainment, Inc.

2023-Q2 EPS reported $0.78 revenue$8,758,113,000

Revenue $5.6B (+27% YoY); operating income $386M (+21%); AOI $590M (+23%).
EPS $1.02 (+55% YoY); free cash flow $407M (69% of AOI).
Record 117M tickets sold YTD (+20%); 151M fee-bearing tickets (+22%); deferred revenue $4.3B (+37%).
Concerts revenue $4.6B (+29%); AOI $168M (+37%); attendance growth across stadiums, arenas, festivals.
Sponsorship revenue $303M (+15%); over 90% of 2023 planned sponsorship committed.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Live Nation Entertainment, Inc. reported the quarter ended June 30, 2023 results: revenue $5.6 Billion, EPS $1.02.

Period: the quarter ended June 30, 2023
Revenue: $5.6 Billion
EPS: $1.02
Result: reported results

Exact text from the filing

2024 giving us confidence in continued growth." – Michael Rapino, President and CEO, Live Nation Entertainment 2Q23 FINANCIAL OVERVIEW (vs 2Q22, reported FX) • Revenue Up 27% to $5.6 Billion • Operating Income Up 21% to $386 Million • AOI Up 23% to $590 Million • Operating Cash Flow of $491 Million • Free Cash Flow - Adjusted of $407 Million, Converting 69% of AOI •

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Live Nation Entertainment, Inc. filing history →

Source: SEC EDGAR

accession 0001335258-23-000083

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.