TKO GROUP RECORDS RECORD REVENUE
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.
