Reports Q3 revenue $170M vs. $152.8M last year.For fiscal 2023, the Company raises its previous revenue guidance to a record GBP 630M to GBP 640M and raises its adjusted EBITDA guidance to GBP 140M to GBP 150M. Sponsorship revenue was GBP 41M, an increase of GBP 1.8M, or 4.6%, over the prior year quarter, primarily due to new sponsorship agreements. Retail, Merchandising, Apparel & Product Licensing revenue was GBP 28.4M, an increase of GBP 2M or 7.6%, over the prior year quarter, primarily due to an increased number of matches played at Old Trafford.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MANU:
- Manchester United Gains on Upbeat Outlook
- MANU Stock Jumps as Negotiations over Potential Sale Continue
- Manchester United sale talks ongoing with multiple parties, BBC reports
- Manchester United has not granted exclusivity to any party yet, Sky reports
- Sheikh Jassim still waiting to hear on Manchester United exclusivity, Sky says