Manchester United Q2 Profit Soars; Reiterates FY24 Revenue Outlook

RTTNews | 541 dagar sedan
Stocktwits
Manchester United Q2 Profit Soars; Reiterates FY24 Revenue Outlook

(RTTNews) - Manchester United (MANU) announced Tuesday a second-quarter net income of 20.4 million British pounds or 12.49 pence per basic share, sharply higher than 6.3 million pounds or 3.87 pence per basic share in the prior-year quarter.

Excluding items, adjusted earnings per basic share for the quarter was 11.83 pence, compared to adjusted loss per basic share of 6.18 pence in the year-ago quarter.

Total revenues for the quarter grew 34.9 percent to 225.8 pounds from 167.3 pounds in the same quarter last year.

Broadcasting revenue surged 81.0 percent to 106.4 million pounds and matchday revenue increased 59.2 percent to 47.6 million pounds, while commercial revenue declined 8.8 percent to 71.8 million pounds from last year.

Looking ahead to fiscal 2024, the company reiterates its previous revenue guidance of 635 million pounds to 665 million pounds and its previous adjusted EBITDA guidance of 125 million pounds to 150 million pounds.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Taggar: MANU
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China Stock Market May Find Traction On Friday

China Stock Market May Find Traction On Friday

The China stock market has moved lower in three straight sessions, dropping more than 110 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,760-point plateau although it may stop the bleeding on Friday.
RTTNews | 18 minuter sedan
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has tracked higher in consecutive trading days, collecting more than 160 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,180-point plateau expected to open to the upside again on Friday.
RTTNews | 48 minuter sedan
Singapore Shares May Crack Resistance At 4,300 Points

Singapore Shares May Crack Resistance At 4,300 Points

The Singapore stock market ticked higher again on Thursday, one day after ending the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,300-point plateau and it may see additional support on Friday.
RTTNews | 1h 18minuter sedan
Japan Household Spending Jumps 1.7% In July

Japan Household Spending Jumps 1.7% In July

The average of household spending in Japan was up a seasonally adjusted 1.7 percent on month in July, the Ministry of Internal Affairs and Communications said on Friday - coming in at 305,694 yen.
RTTNews | 1h 41minuter sedan
Japan Bourse May Extend Thursday's Gains

Japan Bourse May Extend Thursday's Gains

The Japanese stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,580-point plateau and it may add to its winnings on Friday.
RTTNews | 1h 48minuter sedan
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