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Atlanta Braves Holdings, Inc.
BATRA
2025 Q2
Consumer
1w
Financial Performance Summary
Adjusted OIBDA improved to $66 million from $46 million, reflecting revenue growth partially offset by higher operating costs.
Baseball revenue increased to $287 million from $266 million, driven by higher event, broadcasting, and other revenues.
Broadcasting revenue rose to $81 million from $71 million due to a renegotiated local rights agreement including streaming rights.
Cash and cash equivalents stood at $96 million with $275 million of untapped liquidity available.
Mixed-use development revenue increased to $25 million from $17 million, primarily due to rental income and sponsorships.
Operating income rose to $42 million from $25 million, mainly due to increased revenue.
Total revenue for Q2 2025 was $312 million, up over 10% from $283 million in Q2 2024.
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AMC Entertainment Holdings, Inc.
AMC
2025 Q2
Consumer
1w
Financial Performance Summary
AMC ended the quarter with $423.7 million in cash and cash equivalents, excluding $51 million in restricted cash.
AMC reported a 25.6% increase in global attendance in Q2 2025 compared to Q2 2024, welcoming nearly 63 million guests worldwide.
Contribution margin per patron increased by 5.2% to $14.48, approximately 48% higher than pre-pandemic 2019 levels.
Food and beverage revenue per patron reached a record $7.95, and total revenue per patron hit an unprecedented $22.26.
Net cash provided by operating activities surged to $138.4 million, a $173 million improvement from the prior year.
Total revenue grew by 35.6% year-over-year to $1.4 billion, with adjusted EBITDA increasing by 391.4% to $189.2 million.
Light & Wonder, Inc.
LNW
2025 Q2
Consumer
1w
Financial Performance Summary
Adjusted NPATA increased 4% to $135 million, with adjusted NPATA per share up 11% to $1.58.
Consolidated AEBITDA grew 7% to $352 million, with a margin expansion of 400 basis points to 44%.
Gaming revenue was $528 million, with Grover contributing $21 million; gaming AEBITDA rose 3% with a 53% margin.
iGaming delivered record revenue of $81 million, a 9% increase, and AEBITDA of $28 million, up 17%, with margin improvement to 35%.
Net income increased 16% year-over-year to $95 million, with diluted EPS rising 23% to $1.11.
Revenue for Q2 2025 was $809 million, including a partial quarter contribution from Grover Charitable Gaming and record revenue at iGaming.
SciPlay revenue was $200 million, up with a 6% increase in AEBITDA to $74 million and a 37% margin, driven by direct-to-consumer platform growth.