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CTS Eventim Q1 Operating Profit Rises; Consolidated Revenue Up 11.6%

May 23, 2024
in News
CTS Eventim Q1 Operating Profit Rises; Consolidated Revenue Up 11.6%
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(RTTNews) – CTS Eventim (CEVMF.PK) reported that its first quarter adjusted EBITDA rose three times from prior year, increasing by 36.3% to 92.2 million euros. Consolidated revenue for the first three months of 2024 was 408.7 million euros, an 11.6% increase compared with the prior-year period.

Revenue in the Ticketing segment rose 23.3% year on year to 182.8 million euros. The Live Entertainment segment’s revenue also rose year on year, increasing by 4.8% to 234.4 million euros in the first quarter of 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Nasdaq – https://www.nasdaq.com/articles/cts-eventim-q1-operating-profit-rises-consolidated-revenue-up-11.6

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