Atlanta Braves (BATRK) - 2024 Q1 - Quarterly Results
BATRKAtlanta Braves (BATRK)2024-05-09 03:27

Exhibit 99.1 ATLANTA BRAVES HOLDINGS REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Englewood, Colorado, May 8, 2024 – Atlanta Braves Holdings, Inc. (“ABH”) (Nasdaq: BATRA, BATRK) today reported first quarter 2024 results. Headlines include: ● Total revenue grew 20% to 37millioninfirstquarteroBaseballrevenueup2537 million in first quarter o Baseball revenue up 25% to 22 million o Mixed-use development revenue up 13% to 15millionMixedusedevelopmentgenerated15 million ● Mixed-use development generated 10 million of Adjusted OIBDA(1) in first quarter ● Completed several capital improvem ...