Endeavor-Run TKO Group Posts Revenue Of $614M In Its First Full Quarter
deadline.comEndeavor-controlled ring sports giant TKO Group Holdings reported $614 million in total revenue in the fourth quarter, along with a slight dip in UFC profits.
It was the first batch of full quarterly operating results for the WWE and UFC parent company and followed a burst of news in January.
Within the same week, TKO welcomed Dwayne Johnson to its board of directors, signed a $5 billion rights deal with Netflix and confirmed the exit of longtime WWE patriarch Vince McMahon after a graphic sexual abuse lawsuit was filed by a former employee.
Wall Street analysts will get an opportunity to ask executives about a number of topics, possibly including the potential impact of the McMahon situation, during a quarterly earnings call later on Tuesday.
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