Atlanta Braves FY2023 revenue +9% to $641M; Adjusted OIBDA -35% to $38M

Atlanta Braves Holdings, Inc.

2023-FY EPS reported -$2.03 revenue$640,667,000

Full year total revenue $641M (+9% YoY); baseball revenue $582M (+9%), mixed-use $59M (+10%).
Full year Adjusted OIBDA $38M (down 35% YoY) on higher player salaries and Split-Off costs.
Q4 revenue $68M (-5% YoY); operating loss widened to $32M from $7M loss in Q4 2022.
Extended President of Baseball Ops Alex Anthopoulos through 2031 season.
Season tickets (including premium) sold out for 2024; ballpark upgrades planned.

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 0.95

Atlanta Braves Holdings, Inc. reported the year ended December 31, 2023 results: revenue $640,667.

Period: the year ended December 31, 2023
Revenue: $640,667
Result: reported results

Exact text from the filing

% $ 534,984 $ 581,671 9 % Mixed-use development revenue 14,312 14,839 4 % 53,577 58,996 10 % Total revenue 71,259 67,748 (5) % 588,561 640,667 9 % Operating costs and expenses: Baseball operating costs (37,805) (51,967) (37) % (427,832) (482,391) (13) % Mixed-use

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Source: SEC EDGAR

accession 0001958140-24-000004

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