Live Nation Entertainment (LYV) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter. The growth was substantial compared to the immediately preceding quarter, and also positive compared to the same quarter a year ago.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter. The growth was substantial compared to the immediately preceding quarter, and also positive compared to the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6B
Revenue reported for this quarter.
Quarter-over-quarter
+58.5%
Change from the immediately preceding quarter.
Year-over-year
+7.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.8B
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 |
|---|---|---|
| Sep 30, 2023 | $8.2B | +32.5% |
| Dec 31, 2023 | $5.8B | +35.6% |
| Mar 31, 2024 | $3.8B | +21.6% |
| Jun 30, 2024 | $6B | +7.0% |
Revenue performance
The quarter delivered strong revenue growth, reflecting elevated concert and ticketing activity.
Quarterly comparison
Revenue rose sharply from the prior quarter, and also increased from the year-ago period, though at a more moderate pace.
What to watch
Sustaining the strong sequential revenue momentum will be a key focus.