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Stock impact report

Endeavor Releases Second Quarter 2022 Results

Endeavor Group Holdings, Inc. Class A (EDR) 
Last endeavor group holdings, inc. class a earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: edrtrust.com
Company Research Source: Business Wire
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today released its financial results for the quarterly period ended June 30, 2022.Highlights$1.313 billion in Q2 2022 revenueContinued strength across the portfolio – Owned Sports Properties, Representation, Events, Experiences & Rights – led to increased Adjusted EBITDA guidance for full year 2022 (new range between $1.130 to $1.170 billion, or a midpoint of $1.150 billion, up $25 million from the midpoint of prior guidance range)Continued emphasis on managing debt portfolio and achieving long-term leverage target, including intent to repay $250 million of debt by the end of Q3 2022, supported by enhanced cash position from recent $400 million reduction in OpenBet purchase price, as well as expected proceeds from the recently announced sale of Diamond Baseball HoldingsQ2 2022 Consolidated Financial ResultsRevenue: $1.313 billi Show less Read more
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