Live Nation's revenue beats estimates as boom in concerts drive ticket sales

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High ticket prices amid rising demand for live events, at a time when more performers are gearing up for concerts, have benefited companies such as Live Nation. Revenue rose 21% to $3.80 billion for the first quarter ended March 31, beating estimates of $3.26 billion, according to LSEG data. The Beverly Hills, California-based company's loss per share in the reported quarter was 53 cents, compared with estimates for a loss of 18 cents per share.
 
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