Total revenue for the company increased 5.4% to $610.3 million in 2023 from $579.0 million in 2022, driven by a 7.8% increase in national revenue to $374.4 million. However, profit from operations decreased 11.7% to $68.6 million and net income declined 42.2% to $35.6 million due to a $25.6 million investment fund loss compared to a $5.1 million gain the previous year.
Total revenue for the company increased 5.4% to $610.3 million in 2023 from $579.0 million in 2022, driven by a 7.8% increase in national revenue to $374.4 million. However, profit from operations decreased 11.7% to $68.6 million and net income declined 42.2% to $35.6 million due to a $25.6 million investment fund loss compared to a $5.1 million gain the previous year.
Original Description:
Green Bay Packers organization financial report for fiscal 2023
Total revenue for the company increased 5.4% to $610.3 million in 2023 from $579.0 million in 2022, driven by a 7.8% increase in national revenue to $374.4 million. However, profit from operations decreased 11.7% to $68.6 million and net income declined 42.2% to $35.6 million due to a $25.6 million investment fund loss compared to a $5.1 million gain the previous year.
Total revenue for the company increased 5.4% to $610.3 million in 2023 from $579.0 million in 2022, driven by a 7.8% increase in national revenue to $374.4 million. However, profit from operations decreased 11.7% to $68.6 million and net income declined 42.2% to $35.6 million due to a $25.6 million investment fund loss compared to a $5.1 million gain the previous year.
