Live nation entertainment reports third quarter 2022 results

3q financial overview (vs 2019): results demonstrate the power of our flywheel reported revenue up 63% to $6.2 billion reported operating income up 95% to $506 million reported aoi up 45% to $621 million and up 51% to $645 million on a constant currency basis year-to-date operating cash flow is $928 million year-to-date free cash flow - adjusted is $996 million, up 88% 3q highlights (vs 2019): fans continue to prioritize their spending on live events highest quarterly attendance ever with over 44 million fans across 11 thousand events 89 million fans attended 31 thousand events year-to-date ancillary per fan spending growth up 30% through september at u.s. amphitheaters ticketmaster delivers all-time high reported fee-bearing gross transacted value (gtv) of $7.3 billion up 62% 3q sponsorship revenue up 59% driven by festivals and ticketmaster platform integration outlook: closing out a record year and positioned for continued growth over 115 million tickets sold, up 37% from this point in 2019 double-digit increase in tickets sold for 2023 concerts vs this point in 2021 for 2022, excluding rescheduled shows confirmed sponsorship for 2023 is up 30% vs year ago for 2022 los angeles , nov. 3, 2022 /prnewswire/ -- live nation entertainment, inc. (nyse: lyv) today released financial results for the quarter ended september 30, 2022. live nation delivered the biggest summer concert season in history and drove a record quarter.
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