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Company | Revenue | |
---|---|---|
AMCAMC |
1.35B 41.8% | |
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Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 7.65B | 101.4% |
Gross Profit | 634M | 7480.9% |
Cost of Revenue | 7.02B | 85.1% |
Operating expense | 1.33B | 8.6% |
Net Income | 452M | 1066.8% |
EBITDA | 747M | 269.9% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 19.7B | 1.4% |
Total Liabilities | 19.5B | 3.4% |
Total Equity | 288M | 350.8% |
Shares Outstanding | 230M | 0.4% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | 541M | 45.3% |
Cash from financing | -89M | 81.5% |
EPS
Financial Highlights for Live Nation in Q3 '24
Live Nation reported a revenue of 7.65B, which is a 101.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 634M, marking a 7480.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 7.02B, a 85.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.33B, showing a 8.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 452M, showing a 1066.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 747M, showing a 269.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Live Nation with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.