Q3 revenue rises 11% to $272M; Adjusted OIBDA jumps 65% to $40.3M

Atlanta Braves Holdings, Inc.

2023-Q3 EPS reported -$1.51 revenue$572,919,000

Total revenue $272M (+11% YoY); baseball revenue $256M (+11%), mixed-use development $16M (+10%).
Baseball event revenue up 19% to $161M; broadcasting revenue up 4% to $69M.
Adjusted OIBDA $40.3M (65% increase); operating income $15.7M vs loss of $4.7M YoY.
Atlanta Braves secured sixth consecutive NL East title; 54 sellouts and 3.2M tickets sold in 2023.
Company completed split-off from Liberty Media on July 18, 2023, becoming standalone public company.

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

Atlanta Braves Holdings, Inc. reported third quarter 2023 results: revenue $272 million.

Period: third quarter 2023
Revenue: $272 million
Result: reported results

Exact text from the filing

Englewood, Colorado, November 3, 2023 – Atlanta Braves Holdings, Inc. (“Atlanta Braves Holdings”) (Nasdaq: BATRA, BATRK) today reported third quarter 2023 results. Headlines include (1) : ● Total revenue grew 11% to $272 million in third quarter

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Atlanta Braves Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001958140-23-000016

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