Live Nation Q1 is DOA
Live Nation Entertainment, the concert promoter and ticket-seller, reported a wider first-quarter loss.
The loss of $69.2 million, or 37 cents a share, compares with a loss of $48.5 million, or 27 cents, a year ago, Live Nation said yesterday.
Revenue climbed 2.2 percent to $868 million, missing the $873.4 million estimate.
Live Nation climbed 1.2 percent to $8.31 yesterday.
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