Atlanta Braves Holdings Reports First Quarter 2024 Financial Results
Liberty Media Corporation - Series A Liberty Braves (BATRA)
US:NASDAQ Investor Relations:
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Source: Business Wire
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Atlanta Braves Holdings, Inc. (“ABH”) (Nasdaq: BATRA, BATRK) today reported first quarter 2024 results.Headlines include:Total revenue grew 20% to $37 million in first quarterBaseball revenue up 25% to $22 millionMixed-use development revenue up 13% to $15 millionMixed-use development generated $10 million of Adjusted OIBDA(1) in first quarterCompleted several capital improvement projects in advance of the 2024 season, including new spaces such as Lexus Premium Boxes, Blue Moon Beer Garden and Jim Beam Bourbon Decks and expanded retail storeDiscussion of Results Three months ended March 31, 2023 2024 % Change amounts in thousands Baseball revenue $17,561 $21,970
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