Live Nation Revs Up In Q3
November 9, 2007 at 6:59 AM (PT)
LIVE NATION announced third-quarter pro forma operating income of $68.42 million, compared to $33.14 million in the comparable quarter previous year. Operating margin, on a pro forma basis, were 4.5%, compared to 2.2% in the corresponding quarter prior year.
Revenues, on a pro forma basis, for the quarter were $1.51 billion, compared to $1.50 billion in the same quarter a year-ago. Four WALL STREET analysts had consensus revenue estimate of $1.55 billion for the quarter.