Live Nation Narrows Loss

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Live Nation Inc. reported a net loss of $33 million Thursday, an improvement form a $135 million loss the company posted for the same period a year earlier. The company did not provide any per-share earnings numbers in its filing.


Revenues for the Los Angeles concert venue management company were up 40 percent to $1.05 billion.


For full the year, the company reported a net loss of $31.4 million (-48 cents per share) while revenues for the year rose 26 percent to $3.69 billion.


Shares of Live Nation Inc. closed down 10 cents to $23.04 Thursday in trading on the New York Stock Exchange.

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