WWE & UFC Parent TKO Beats Q1 Forecasts And Ups Full-Year Guidance
TKO Group Holdings, parent of the WWE and UFC, said “strength and momentum” at both subsidiaries powered first-quarter financial results. Revenue handily exceeded Wall Street forecasts, reaching $1.27 billion, while earnings per share hit 69 cents, also ahead of estimates. The profit figure compared with a loss of $1.26 per share in the year-ago quarter. […]
TKO Group Holdings, parent of the WWE and UFC, said “strength and momentum” at both subsidiaries powered first-quarter financial results. Revenue handily exceeded Wall Street forecasts, reaching $1.27 billion, while earnings per share hit 69 cents, also ahead of estimates. The profit figure compared with a loss of $1.26 per share in the year-ago quarter. […]
