Atlanta Braves Holdings Q1 revenue up 20% to $37M; operating loss widens to $52.4M

Atlanta Braves Holdings, Inc.

2024-Q1 EPS reported -$0.83 revenue$37,080,000

Total revenue $37M (+20% YoY); baseball revenue $22M (+25%), mixed-use $15M (+13%).
Operating loss widened to $(52.4M) from $(49.3M); Adjusted OIBDA loss $(33.8M) vs $(31.4M).
Broadcasting revenue surged 136% to $2.1M on timing of regular-season games start.
No regular-season home games in Q1; spring training drove other revenue up 17%.
Baseball operating costs up 23% to $45.2M on higher player salaries and spring training.

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 three months ended March 31, 2024 results: revenue $37 million.

Period: three months ended March 31, 2024
Revenue: $37 million
Result: reported results

Exact text from the filing

Total revenue grew 20% to $37 million in first quarter

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Source: SEC EDGAR

accession 0001958140-24-000010

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