Live Nation Entertainment (LYV) Revenue — Quarter Ended Sep 30, 2024
Revenue for this reporting period increased sequentially but decreased compared to the same period last year. The contrasting trends highlight a shift from the prior year's performance.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for this reporting period increased sequentially but decreased compared to the same period last year. The contrasting trends highlight a shift from the prior year's performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.7B
Revenue reported for this quarter.
Quarter-over-quarter
+27.0%
Change from the immediately preceding quarter.
Year-over-year
-6.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.3B
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, 2023 | $5.8B | +35.6% |
| Mar 31, 2024 | $3.8B | +21.6% |
| Jun 30, 2024 | $6B | +7.0% |
| Sep 30, 2024 | $7.7B | -6.2% |
Revenue performance
Revenue was higher than in the immediately preceding quarter, reflecting continued strength in the company's operations. However, it fell short of the level achieved one year earlier.
Quarterly comparison
The sequential growth followed a period of more modest increases, while the year-over-year decline represents a reversal from the earlier annual comparison. The trailing twelve-month revenue remained elevated.
What to watch
Monitor whether the year-over-year revenue contraction persists or stabilizes in future periods.