The Atlanta Braves updated their $51.27 million lost

Atlanta Braves Holdings’ Q1 loss narrows.

Atlanta Braves Holdings, Inc. (BATRA, BATRK) reported a reduced first-quarter net loss on Wednesday, with revenues up 20% over the previous year.

The quarterly earnings were $51.27 million, or $0.83 per share, compared to $57.98 million, or $0.94 per share the prior year.

Revenues in the first quarter rose to $37.08 million from $30.97 million in the same quarter last year.