10:59 AM EDT, 06/06/2025 (MT Newswires) -- Manchester United ( MANU ) shares soared intraday Friday after the British soccer club said it expects to hit the top end of its tightened full-year revenue guidance as its fiscal third-quarter sales grew year over year.

The company now anticipates fiscal 2025 revenue between 660 million pounds ($893.7 million) and 670 million pounds, lifting the bottom end of the previous forecast from 650 million pounds. The company's 2024 revenue rose 2.1% to 661.8 million pounds.

Manchester United ( MANU ) said it expects to be at the higher end of the revised guidance.

The full-year guidance for adjusted earnings before interest, taxes, depreciation and amortization is now pegged between 180 million pounds and 190 million pounds, up from the previous guidance of 145 million pounds to 160 million pounds. Last year's adjusted EBITDA totaled 147.7 million pounds.

The US-listed shares of the franchise were up 13% in Friday trade.

For the fiscal third quarter ended March 31, revenue grew 17% year over year to 160.6 million pounds. The company's adjusted loss narrowed to 0.03 pound a share from 0.24 pound a year earlier.

Commercial revenue, which accounts for about half of total revenue, increased 7.3% to 74.7 million pounds, reflecting growth in sponsorship, as well as retail, merchandising, apparel and product licensing.

Broadcasting revenue rose 10% to 41.3 million pounds thanks to four additional matches in Union of European Football Associations competitions in the current year quarter. Matchday revenue surged 50% due to four more home matches and "strong" demand for the company's hospitality offering.

Price: 15.64, Change: +1.80, Percent Change: +12.99