Atlanta Braves Q4 2024 Earnings Report
Key Takeaways
Atlanta Braves Holdings reported a decrease in total revenue for the fourth quarter, driven by reduced baseball revenue due to fewer home games and concerts compared to the prior year. Mixed-use development revenue increased, but overall operating income declined. Full-year results showed revenue growth and increased operating income.
Total revenue decreased to $52.118 million in Q4 2024 from $67.748 million in Q4 2023.
Baseball revenue decreased by 35% to $34.197 million due to fewer home games and concerts.
Mixed-use development revenue increased by 21% to $17.921 million.
Operating loss decreased to $18.648 million compared to $32.366 million in the prior year.
Atlanta Braves
Atlanta Braves
Atlanta Braves Revenue by Segment
Forward Guidance
During the conference call, ABH may discuss and answer questions concerning business and financial developments and trends that have occurred after year-end. ABH’s responses to questions, as well as other matters discussed during the conference call, may contain or constitute information that has not been disclosed previously.