Live Nation achieves record third-quarter results driven by international market growth
LYV Live Nation Entertainment Inc
$180.16 +1.07%
View chart & analysis → - 1Live Nation Entertainment, Inc. reported record-breaking third-quarter results with over 60 million concert attendees.
- 2Live Nation recorded a 29% increase in international market attendance for the third quarter, with regional growth in Latin America, Europe, and Asia at a minimum of 15%.
- 3Ticketmaster has secured over 20 million net new tickets so far this year and raised its annual adjusted operating income (AOI) growth guideline to the high single digits.
So what's the key point?
Live Nation achieved record performance as global concert attendance exceeded 60 million people. With rising ticket sales and an increased profit outlook, the company is seeing significant growth.
Source The Motley Fool +1 · View original ↗
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