LYV Q1 2024 Earnings — Live Nation Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

LYVLive Nation Entertainment, Inc.

$38B

Q1 2024 Earnings

Communication Services Entertainment

Income Statement

Revenue

$3.8B+21.5% YoY

Gross Profit

$1.1B30.2% margin

Operating Income

-$41M-1.1% margin

Net Income

-$54M-1.4% margin

EPS (Diluted)

$-0.53

QoQ Revenue Growth

-34.9%

Cash Flow

Operating Cash Flow

$989M

Free Cash Flow

$843M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$20.0B

Total Liabilities

$18.6B

Stockholders' Equity

-$115M

Cash & Equivalents

$6.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.1B	+21.5%
Gross Profit	$1.1B	$1.0B	+13.5%
Operating Income	-$41M	$143M	-129.0%
Net Income	-$54M	-$3M	-1619.0%

Revenue Segments

Concerts

$2.9B55%

Sponsorship and Advertising

$1.6B31%

Ticketing

$723M14%