LYV - Live Nation Entertainment EPS beats by $0.19 beats on revenue
Live Nation Entertainment (LYV): Q1 GAAP EPS of -$1.44 beats by $0.19.Revenue of $290.6M (-78.8% Y/Y) beats by $2.53M.At the end of the first quarter of 2021, the company had total cash and cash equivalents of $3.0B, which includes $1.1B of free cash. This free cash, along with $964M of available debt capacity, gives the company $2.1B of available liquidity. The company believes this level of liquidity allows it to fund operations until the expected return of concerts beginning in the summer of 2021, preceded by ticket sales earlier in the year.Press Release
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Live Nation Entertainment EPS beats by $0.19, beats on revenue