Live Nation said revenue for Q3 was $7,651.1 million, down 6% from $8,154.6 million a year earlier, operating income was $639.5 million, and Adjusted Operating Income (AOI) was $909.8 million, up 4%.

1. 01

   Live Nation said revenue for Q3 was $7,651.1 million, down 6% from $8,154.6 million a year earlier, operating income was $639.5 million, and Adjusted Operating Income (AOI) was $909.8 million, up 4%.

2. 02

   The company said Concerts AOI for Q3 was $474.1 million, up 39% from $340.9 million a year earlier, and the AOI margin was 7.2%. It said Concerts revenue for the same period was $6,580.6 million, down 6%.

3. 03

   Ticketing AOI for Q3 fell 33% to $235.7 million from $351.6 million a year earlier, the company reported, and revenue fell 17% to $693.7 million. The company also said it expects the full-year AOI margin to be similar to last year.

4. 04

   Live Nation said net cash provided by operating activities for the 9 months was $680.1 million, and free cash flow—adjusted was $1,287.3 million. Cash and cash equivalents were $5,489.9 million as of September 30, 2024, and free cash was $1,744.5 million.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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