From Financial Modeling Prep: 2025-05-02 05:28:00

Live Nation Entertainment (NYSE:LYV) reported mixed Q1 results, with revenue up to $3.38 billion from $2.5 billion last year, but an adjusted loss of $0.32 per share, wider than expected. Despite this, CEO Michael Rapino remains optimistic, projecting double-digit growth in operating income for 2025.

Deferred revenue hit record highs, with concerts-related deferred revenue up 24% to $5.4 billion and Ticketmaster deferred revenue rising 13% to $270 million. This indicates strong forward bookings and healthy ticket sales, pointing to a promising future for Live Nation.

Although Q1 earnings missed expectations, Live Nation’s strong backlog and consumer demand for live events suggest a positive outlook for the rest of the year. Shares rose more than 2% pre-market, reflecting investor confidence in the company’s resilience and growth potential.



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