Live nation entertainment reports first quarter 2023 results

Global demand for live events is unprecedented 1q23 financial overview (vs 1q22, reported fx): record results reflect incredible fan demand   revenue up 73% to $3.1 billion operating income up 5.3x to $143 million aoi up 53% to $320 million operating cash flow reaches $1.2 billion adjusted free cash flow up over 2x to $190 million, converting 59% of aoi global business drives growth (all metrics vs 1q22) live music is #1 leisure category global consumers expect to spend more on fan count up 79% to 19+ million ticketing fee-bearing gross transaction value up 60% to $7.7 billion sponsorship aoi up 37% to $96 million leading indicators point to a record 2023 record number of fans expected: ~90 million tickets sold year-to-date for live nation shows this year ticketing set to manage 600 million tickets globally this year sponsorship on track for double-digit aoi growth los angeles , may 4, 2023 /prnewswire/ -- live nation entertainment, inc. (nyse: lyv) today released financial results for the quarter ended march 31, 2023. 2023 is off to a tremendous start.
LYV Ratings Summary
LYV Quant Ranking