TKO GROUP RECORDS RECORD REVENUE

TKO Group, the group owned by Endeavor and which brings together WWE and UFC, released its financial results for the second quarter of 2024 this Thursday.

The group reported record revenue for the quarter of $851.2 million from April 1 to June 30, with a profit of $150.7 million. The revenues of the two companies were as follows: UFC recorded $394.4 million, while WWE earned $456.8 million.

The adjusted EBITDA result (earnings before interest, taxes, depreciation and amortization) was 420.9 million dollars, which also represents a record for a single quarter. TKO Group expects to end 2024 with total global revenues between $2,670 million and $2,745 million and adjusted EBITDA between $1,220 million and $1,240 million.

Full details of this TKO Group financial report can be viewed here.