BEVERLY HILLS, Calif. (AP) _ Live Nation Entertainment Inc. (LYV) on Thursday reported a loss of $50.2 million in its first quarter.
On a per-share basis, the Beverly Hills, California-based company said it had a loss of 39 cents.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 98 cents per share.
The ticket seller and concert promoter posted revenue of $1.8 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $1.92 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LYV at https://www.zacks.com/ap/LYV
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