Live Nation Entertainment Inc. (LYV) Tuesday reported net loss to common shares of $163 million or $0.87 per share for fiscal year 2012, compared with net loss of $83 million or $0.46 per share in the prior year.
Revenues for the year rose 8% to $5.8 billion from $5.4 billion a year ago.
Analysts polled by Thomson Reuters estimated a loss of $0.37 per share on revenues of $5.67 billion for fiscal year 2012. Analysts' estimates typically exclude special items.
Meanwhile, for the fourth quarter, the company reported a 21% rise in revenues to $1.44 billion from $1.19 billion a year ago. Analysts on consensus estimated revenues of $1.29 billion.
"Looking forward to 2013, I am confident that we will continue the successful growth of the core business. Our ticketing replatforming project is in its last full year of investment and will deliver major product innovations for clients and fans throughout the year...," said CEO Michael Rapino.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.