Live Nation Entertainment (LYV) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter declined compared to the prior quarter but rose compared to the same period last year.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter declined compared to the prior quarter but rose compared to the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
-34.7%
Change from the immediately preceding quarter.
Year-over-year
+21.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.4B
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 |
|---|---|---|
| Jun 30, 2023 | $5.6B | +26.9% |
| Sep 30, 2023 | $8.2B | +32.5% |
| Dec 31, 2023 | $5.8B | +35.6% |
| Mar 31, 2024 | $3.8B | +21.6% |
Revenue performance
The sequential decrease and year-over-year increase highlight contrasting trends relative to recent periods.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower, while compared to the same quarter one year earlier, revenue was higher.
What to watch
Monitor whether the year-over-year revenue growth continues in future quarters.