BATRA Q1 2024 Earnings — Atlanta Braves Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BATRAAtlanta Braves Holdings, Inc.

$3B

Q1 2024 Earnings

Communication Services Entertainment

Income Statement

Revenue

$37M+19.7% YoY

Gross Profit

-$10M-28.0% margin

Operating Income

-$52M-141.2% margin

Net Income

-$51M-138.3% margin

EPS (Diluted)

$-0.83

QoQ Revenue Growth

-45.3%

Cash Flow

Operating Cash Flow

$91M

Free Cash Flow

$63M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.1B

Stockholders' Equity

$479M

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$31M	+19.7%
Gross Profit	-$10M	-$8M	-34.3%
Operating Income	-$52M	-$49M	-6.3%
Net Income	-$51M	-$58M	+11.6%

Revenue Segments

Sirius XM Holdings Revenue

$2.2B79%

Formula 1

$550M20%

Other

$37M1%