Revenue segments as reported by the company.

Concerts

Ticketing

Sponsorship & Advertising

Other and Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Direct operating expenses

Selling, general and administrative

Depreciation and amortization

Loss (gain) on disposal of operating assets

Corporate expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Live Nation

Live Nation Entertainment, Inc. operates as an entertainment company. The firm engages in producing, marketing, and selling live concerts for artists via its global concert pipe. It operates through the following segments: Concerts, Sponsorship and Advertising, and Ticketing. The Concerts segment is involved in the promotion of live music events in owned or operated venues and in rented third-party venues. The Sponsorship and Advertising segment manages the development of strategic sponsorship programs in addition to the sale of international, national, and local sponsorships and placement of advertising such as signage, promotional programs, rich media offerings, including advertising associated with live streaming and music-related content, and ads across its distribution network of venues, events, and websites. The Ticketing segment is involved in the management of the global ticketing operations, including providing ticketing software and services to clients, and consumers with a marketplace, both online and mobile, for tickets and event information. The Ticketing segment also operates the firm's primary ticketing website, www.ticketmaster.com. The company was founded in 1996 and is headquartered in Beverly Hills, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Live Nation (LYV) reports strong 2022 performance and anticipates record 2023

Live Nation's 2022 performance showcased robust revenue growth, driven by strong demand for live events and successful initiatives in ticketing and sponsorship. While facing challenges related to reopening costs and regulatory discussions, the company remains optimistic about returning to normal business operations in 2023 and leveraging opportunities for further growth.

Live Nation reports record Q1 results, eyes global expansion

Live Nation's Q1 2023 showed strong performance with record revenue and AOI across all divisions.
The company faces challenges in scalability, international market transitions, and pricing uncertainties.
Opportunities lie in expanding venues, leveraging technology, and driving fan engagement for growth.
Overall, Live Nation remains optimistic about continued growth and industry capture in 2023 and beyond.

Live Nation reports strong Q2 performance with international growth opportunities

Live Nation's Q2 2023 Earnings Call showcased robust performance, strategic strengths in acquisitions and pricing initiatives, challenges in consumer spending concerns, and opportunities for growth through international expansion and sponsorship strategies.

Live Nation reports strong Q3 performance amidst growth opportunities

Live Nation's Q3 performance reflected strong global demand for concerts and robust ticket sales.
The company faces challenges related to the DOJ investigation, legislative impact, and sustaining revenue growth.
Opportunities lie in upcoming investor presentations, double-digit growth expectations, and expanding venue additions.
Overall, Live Nation remains confident in its business model and poised for future growth opportunities.

Live Nation reports robust Q4 earnings, eyes amphitheater expansion

Live Nation's Q4 earnings call highlighted strong financial performance, emphasizing revenue growth drivers and strategic initiatives for future expansion. Despite challenges in consumer pricing and regulatory scrutiny, the company remains focused on capitalizing on growth opportunities and maintaining profitability.

Live Nation reports strong Q1 performance amidst legal challenges

Live Nation's Q1 2024 earnings call highlighted strong performance in ticket sales and sponsorship growth, despite potential legal challenges and operational factors impacting margins. The company's strategic focus on niche festivals, venue partnerships, and hyper-local strategies presents opportunities for continued growth and international expansion.

Live Nation (LYV) reports strong Q2 performance and eyes stadium growth in 2025

Live Nation's Q2 2024 performance showcased strong consumer demand and growth prospects, particularly in the concert segment and stadium expansion.
While facing challenges such as the DOJ lawsuit impact and post-COVID demand normalization concerns, the company is focused on capitalizing on opportunities for sustained growth.
Insights on Ticketmaster's success, margin dynamics, and sponsorship revenue highlight Live Nation's strategic focus on business performance and growth strategies.
Overall, Live Nation's earnings call emphasized a positive outlook with a strong performance in key segments and a focus on strategic growth initiatives.

Live Nation (LYV) anticipates strong growth amidst challenges and opportunities

Live Nation (LYV) is poised for growth with positive indicators in Ticketmaster sales, concerts, and sponsorship. Addressing challenges around antitrust and financial impacts, the company is strategically investing in technology and fan experiences to drive future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Live Nation is the largest facilitator of live entertainment worldwide, operating in three segments: Concerts, Ticketing, and Sponsorship & Advertising. The company connected 670 million fans in 48 countries in 2022, hosting over 43,600 concerts for over 7,800 artists and selling over 550 million tickets. After about 31% increase year-to-date, valuation is a major concern, as Live Nation continues to dilute shareholders and struggle to generate steady GAAP profits.

Live Nation Entertainment: Explaining Its 7.1% FCF Yield And Why There's No Upside

Raphael Saadiq Revisits  Tony! Toni! Toné : Just Me & You Tour 2023 Produced by Live Nation Urban Multi-City Live Experience Will Encompass Songs from Saadiq's Entire Catalog Including the Iconic R&B Hits of Tony!

MUSIC ICON RAPHAEL SAADIQ RETURNS TO THE ROAD WITH TONI! TONY! TONÉ!

Live Nation Entertainment's revenue growth remains strong, with Q1 2023 revenue up 73% and operating income up 5.3 times compared to pre-pandemic levels. Despite recent spikes, the company's valuation is still reasonable, with price/forward earnings and price/cash flow ratios below historical levels. Although facing long-term uncertainties due to regulatory issues and potential changes in the ticketing industry, Live Nation's short-term future looks bright as it benefits from pent-up demand for live events.

Live Nation Still Has Room To Run

NEW YORK , June 15, 2023 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Live Nation Entertainment, Inc. (NYSE: LYV) concerning possible breaches of fiduciary duty. To obtain additional information, go to: https://zlk.com/compensation2/live-nation-entertainment-inc-lawsuit-submission-form or contact Joseph E.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Live Nation Entertainment, Inc. (NYSE: LYV)

Airbnb

The White House is set to host several corporate executives Thursday in a push by the Biden administration to help rectify the levying of so-called "junk fees."

Biden to host Airbnb, Ticketmaster execs in pursuit of 'junk fee' crackdowns

President Joe Biden will meet Thursday with companies like Live Nation to discuss "junk fees." Before meeting, Live Nation, Ticketmaster, and SeatGeek agreed to show all additional fees up front.

Live Nation and Ticketmaster pledge to show you exactly how many fees you're paying on concert tickets up front

Ticketmaster parent Live Nation Entertainment, Inc (NYSE:LYV), SeatGeek and xBk are among several companies that have committed to revealing ‘all-in pricing' to ticket buyers, ending so-called ‘junk fees' following pressure from President Joe Biden. Biden had called for action to crack down on hidden fees that ticketing companies pass onto consumers to lower overall costs.

Ticketmaster, SeatGeek to ditch 'junk fees' after Taylor Swift debacle adds to pressure from Biden

WASHINGTON , June 15, 2023 /PRNewswire/ -- Live Nation will begin providing a new all-in pricing experience for concerts at the venues and festivals the company operates across the United States starting this September. Live Nation has been advocating for all-in pricing to become law for many years, and joined a forum at the White House today hosted by President Biden to discuss this and other reforms that would benefit artists and consumers.

Live Nation Venues Lead Industry with New All-In Pricing to Make Ticketing More Transparent for Consumers

Ticketmaster parent Live Nation Entertainment Inc. on Thursday is introducing a plan to show total prices from the get-go to customers, with the company making its pledge as part of a Biden White House event focused on eliminating “junk fees.”

Ticketmaster, Live Nation plan to show ‘upfront all-in pricing,' responding to Biden's push against ‘junk fees'

Live Nation and SeatGeek agreed in advance of a meeting with President Biden to commit to show all fees up front for ticket purchases.

Ticketmaster parent Live Nation, others agree to show 'junk fees' after Biden pressure

President Joe Biden will announce Thursday that entertainment giant Live Nation and ticketing behemoth Ticketmaster have pledged to give US consumers the ability to see the full price of tickets up front, minimizing the frequently frustrating experience of watching additional fees add up late in the checkout process when buying online.

Biden to announce Live Nation and Ticketmaster will allow consumers to see all fees up front

Live Nation (LYV) benefits from pent-up demand defining solid segmental contributions. However, high costs and expenses hurt its growth.

Live Nation (LYV) Banks on Pent-Up Demand Amid High Costs

Charles Schwab

Wallace Weitz (Trades, Portfolio), the portfolio manager of the Weitz Value Fund and Weitz Partners Value Fund, disclosed in a regulatory 13F filing that his firm's top trades during the first quarter included a new holding in Live National Entertainment Inc. ( LYV , Financial) and the closure of its positions in Charles Schwab Corp. ( SCHW , Financial) and First Republic Bank ( FRCB , Financial). The firm also trimmed its holdings in Fidelity National Information Services Inc. ( FIS , Financial) and Axalta Coating Systems Ltd.

Wallace Weitz's Firm Enters Live Nation Entertainment, Exits Charles Schwab

LOS ANGELES , May 10, 2023 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, announced today that Joe Berchtold, Live Nation Entertainment's President and Chief Financial Officer, will be presenting at J.P. Morgan's 51st Annual Global Technology, Media and Communications Conference on Tuesday, May 23, 2023 at 6:30 a.m.

Live Nation Entertainment To Participate In J.P. Morgan's 51st Annual Global Technology, Media And Communications Conference

Roblox

Roku

Entertainment stocks for your May 2023 watchlist.

Top Stocks To Buy Today? 3 Entertainment Stocks

Live Nation posted a record $3.1 billion in revenue -- up 73% from last year -- in the first quarter of 2023, despite possible regulation and tremendous fallout from botched Ticketmaster sales for the Taylor Swift Eras tour.

Live Nation posts 73% jump in revenue and record attendance despite controversies

Unprecedented global demand for live events fueled record results for Ticketmaster's parent company. Investors tap their feet to Live Nation's revenue beat.

Why Live Nation Entertainment's Stock Is Rocking and Rolling Today

Live Nation Entertainment's (LYV) first-quarter 2023 results benefit from pent-up demand for live events and robust ticket sales.

Live Nation (LYV) Stock Up on Q1 Earnings & Revenue Beat

Live Nation Entertainment, Inc (NYSE:LYV) announced that its first-quarter 2023 revenue surged 73% to $3.1 billion, which surpassed the analyst consensus estimate of $2.28 billion, as the parent company of Ticketmaster said global demand for live events is “unprecedented”. Live Nation also recorded an improvement in its quarterly loss to $0.25 per share, better than the $0.41 per share deficit expected by Wall Street.

Live Nation Entertainment 1Q revenue soars; beats estimates on “unprecedented” live events demand

Live Nation Entertainment, Inc. (NYSE:LYV ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Michael Rapino - President and Chief Executive Officer Joe Berchtold - President and Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Brandon Ross - LightShed Partners Stephen Laszczyk - Goldman Sachs Jason Bazinet - Citigroup Stephen Glagola - TD Cowen David Katz - Jefferies Benjamin Swinburne - Morgan Stanley John Healy - Northcoast Research Operator Good day, everyone. My name is John, and I will be your conference operator on today's call.

Live Nation Entertainment, Inc. (LYV) Q1 2023 Earnings Call Transcript

Although the revenue and EPS for Live Nation (LYV) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Live Nation (LYV) Reports Q1 Earnings: What Key Metrics Have to Say

Shares of Live Nation Entertainment Inc. LYV, -0.30% jumped nearly 7% in the extended session Thursday after the company reported a narrower-than-expected adjusted loss for its first quarter and revenue that was well above Wall Street forecasts, saying that the quarterly beat reflected “incredible” demand for live concerts. Live Nation said it lost $3.17 million, or 25 cents a share, in the quarter, compared with a loss of $50 million, or 39 cents a share, in the year-ago quarter.

Live Nation stock rallies 7% after narrower loss, company cites ‘incredible' demand for live concerts

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.

Live Nation Entertainment Reports First Quarter 2023 Results

PHOTO & VIDEO ASSETS HERE LOS ANGELES , May 4, 2023 /PRNewswire/ -- Live Nation today announced the return of Concert Week, offering fans an unbeatable deal: $25 all-in tickets to more than 3,800 shows across North America this year. The annual week-long program kicks off ahead of a robust 2023 summer concert season, getting fans ready to fill their summer months and the rest of their calendar for the year with epic shows and live music from their favorite artists.

LIVE NATION ANNOUNCES ANNUAL CONCERT WEEK: $25 ALL-IN TICKETS TO OVER 3,800 SHOWS THIS YEAR

Live Nation Entertainment's (LYV) first-quarter 2023 results are likely to benefit from an increase in demand for live events, a rise in average per-fan spending and increases in ticket pricing.

News for Live Nation Stock (LYV)