Welcome to our dedicated page for Atlanta Braves Holdings news (Ticker: BATRA), a resource for investors and traders seeking the latest updates and insights on Atlanta Braves Holdings stock.
Atlanta Braves Holdings, Inc. reports company developments tied to ownership and operation of the Atlanta Braves Major League Baseball Club, Truist Park and The Battery Atlanta mixed-use development. Recurring updates cover Baseball and Mixed-Use Development results, including ticketing, concessions, premium seating, sponsorship, broadcasting, retail and licensing revenue, MLB shared revenue, rental income and tenant recoveries.
Company news also includes earnings releases and conference-call notices, stadium and event cost trends, real estate lease activity near The Battery Atlanta, and media initiatives such as BravesVision, the Braves-owned multimedia platform for local television broadcasts.
Atlanta Braves Holdings will hold its virtual Annual Meeting of Stockholders on June 10, 2024, at 8:30 a.m. M.T. on the website www.virtualshareholdermeeting.com/ABH2024.
Stockholders of record by 5:00 p.m., April 16, 2024, can attend, vote, and submit questions using a 16-digit control number from their proxy card. Technical support will be available 10 minutes before the meeting.
The webcast can also be accessed on the Atlanta Braves Holdings' website and will be archived post-SEC filings. Atlanta Braves Holdings owns and operates the Atlanta Braves Major League Baseball Club, The Battery Atlanta, and Truist Park.
Atlanta Braves Holdings, Inc. reported a 20% growth in total revenue to $37 million in the first quarter of 2024. Baseball revenue increased by 25% to $22 million, and mixed-use development revenue rose by 13% to $15 million. Adjusted OIBDA was $10 million for the mixed-use development segment. The company completed various capital improvement projects, including new spaces and retail store expansions. Operating costs increased, resulting in an operating loss and an Adjusted OIBDA loss for the quarter.
Atlanta Braves Holdings, Inc. (NASDAQ: BATRA, BATRK) will be presenting at the MoffettNathanson Media, Internet & Communications Conference in NYC. Greg Maffei, the Chairman, President, and CEO, will discuss the company's financial performance and outlook.
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