- Live Nation Entertainment press release ( NYSE: LYV ): Q2 GAAP EPS of $0.66 beats by $0.06 .
- Revenue of $4.43B (+669.2% Y/Y) beats by $510M .
- Highest Quarterly Attendance Ever with Over 33 Million Fans Across 12,500 Events
- Ticketmaster Delivers Another Record Quarter - AOI Up 86%, Transacted GTV Up 76%
- Sponsorship AOI Up 81% in Q2 with New Clients Including Google, AWS, and Hulu
- Average Ticket Pricing Up Double-Digits through June, Entry Level Ticket Prices Average Remains $33
- On-Site Fan Spending Growth Continues Up 20%+ through June at All Venues
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Outlook: On Pace for Record 2022 and Beyond
- 100 Million Tickets Sold for 2022 Concerts, Already Exceeding Full Year 2019 Fan Count
- Concert Bookings Up Over 30% for All Venue Types (vs Q2 2019)
- $3.2 Billion in Event-Related Deferred Revenue, Up 2x (vs Q2 2019)
- Fan Attendance at Operated Venues Grew 13% (vs Q2 2019) to Over 14 Million, with Almost 30 New Venues in Pipeline
- Sponsorship Fully Committed For 2022, On Pace For a Record Year
- 2023 Artist Pipeline Is Largest Ever Seen At Mid-Year
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Live Nation Entertainment GAAP EPS of $0.66 beats by $0.06, revenue of $4.43B beats by $510M