BATRA Q3 2023 Earnings — Atlanta Braves Holdings, Inc. Revenue & Financial Results | Market Cap Arena

BATRAAtlanta Braves Holdings, Inc.

$3B

Q3 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$272M+10.7% YoY

Gross Profit

$71M26.3% margin

Operating Income

$16M5.8% margin

Net Income

-$6M-2.2% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

-$57M

Free Cash Flow

-$73M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$943M

Stockholders' Equity

$564M

Cash & Equivalents

$107M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$272M	$245M	+10.7%
Gross Profit	$71M	$49M	+45.3%
Operating Income	$16M	-$5M	+435.0%
Net Income	-$6M	-$30M	+79.8%

Revenue Segments

Sirius XM Holdings Revenue

$2.3B71%

Formula 1

$887M28%

Other

$49M2%