Manchester United PLC (NYSE:MANU) reported a fiscal fourth-quarter 2024 sales decline of 15.0% year-on-year to 142.2 million British pounds or $179.43 million, missing the analyst consensus estimate of $189.09 million.
Broadcasting revenue plummeted 40.5%, Commercial revenue rose 5.6%, and Matchday revenue declined 7.9%.
The operating loss for the quarter was (32.4) million pounds compared to (0.3) million pounds last year.
Adjusted EBITDA was 19.3 million pounds versus 43.2 million pounds last year.
The adjusted loss per share for the period expanded to (15.79) ...
