Live Nation Entertainment (LYV) Revenue — Quarter Ended Sep 30, 2023
Revenue grew in the quarter, rising both sequentially and compared to the same period last year. The increase reflects higher activity across the business.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue grew in the quarter, rising both sequentially and compared to the same period last year. The increase reflects higher activity across the business.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.2B
Revenue reported for this quarter.
Quarter-over-quarter
+44.9%
Change from the immediately preceding quarter.
Year-over-year
+32.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $4.3B | +58.7% |
| Mar 31, 2023 | $3.1B | +73.3% |
| Jun 30, 2023 | $5.6B | +26.9% |
| Sep 30, 2023 | $8.2B | +32.5% |
Revenue performance
Revenue exceeded the levels of both the immediately preceding quarter and the same quarter one year earlier.
Quarterly comparison
Compared to the prior quarter, revenue increased. Compared to the same quarter a year ago, revenue also posted a gain.
What to watch
Monitor whether the company can maintain its revenue momentum in upcoming quarters.