Live Nation’s 3rd quarter revenue grew by 12% to $3.56bn with a net profit of $148.8m

Live Nation Entertainment (NYSE: LYV) just released stellar financial results for the three and nine months ended September 30, 2017.

Highlights (year-over-year):

  • Event-Related Deferred Revenue Up 86% to $774 Million as of September 30
  • Concert Tickets Sold for 2017 Shows Over 80 Million, Up 20% through October
  • Sponsorship & Advertising Contracted Net Revenue Up 13% through October
  • Ticketmaster Fee-Bearing GTV Up 14% through September Revenue Up 12% for the Quarter to $3.6 Billion
  • Operating Income Up 5% for the Quarter to $201 Million
  • Adjusted Operating Income Up 10% for the Quarter to $335 Million

READ THE FULL LIVE NATION ENTERTAINMENT’S THIRD QUARTER 2017 FINANCIAL RESULTS

 

 

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Mike Dias is a Sales Director for Logitech. He specializes in consumer electronics & pro audio with an expertise in headphones & portable audio. He has over 15 years of experience selling custom handcrafted in-ear monitors.

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