Atlanta Braves Holdings (BATRA) reported a Q1 net loss Monday of $0.66 per diluted share, compared with a loss of $0.83 a year earlier.

Three analysts polled by FactSet expected a loss of $0.88.

Revenue for the quarter ended March 31 was $47.2 million, up from $37.1 million a year earlier.

Two analysts surveyed by FactSet expected $37.1 million.

The company's shares rose over 5% in premarket activity Monday.

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