Atlanta Braves Holdings Reports Second Quarter 2024 Financial Results

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[{"type":"text","content":" ENGLEWOOD, Colo.--(BUSINESS WIRE)--\nAtlanta Braves Holdings, Inc. (“ABH”) (Nasdaq: BATRA, BATRK) today reported second quarter 2024 results.\n\n\nHeadlines include:\n\n\n\nTotal revenue grew 5% to $283 million in second quarter\n\n\nBaseball revenue up 4% to $266 million\n\n\n\nMixed-use development revenue up 11% to $17 million\n\n\n\n\n\n\nOperating income up 28% to $25 million and Adjusted OIBDA(1) up 9% to $46 million in second quarter\n\n\n\nAnnounced new and expanded seating options at Truist Park to open ahead of 2025 season as part of commitment to enhance fan experience\n\n\n\nDiscussion of Results\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nThree months ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nSix months ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nJune 30,\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nJune 30,\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n% Change\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n% Change\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\namounts in thousands\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\namounts in thousands\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nBaseball revenue\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n254,935\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n266,001\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n4\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n272,496\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n287,971\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n6\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nMixed-use development revenue\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n15,188\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n16,875\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n11\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n28,599\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n31,985\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n12\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nTotal revenue\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n270,123\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n282,876\n\n\n\n\n\...

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