TKO Reports First Quarter 2024 Results [Yahoo! Finance]
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Source: Yahoo! Finance
On September 12, 2023, Endeavor and WWE closed the transaction to combine UFC and WWE to form a new, publicly listed company, TKO Group Holdings, Inc. Reported results presented in this earnings release prior to September 12, 2023 reflect only UFC activity. First Quarter 2024 Financial Highlights Revenue of $629.7 million Net loss of $249.5 million Adjusted EBITDA of $282.2 million First Quarter 2024 Operational Highlights and Recent Developments UFC held 11 events, including five with live audiences, that consistently delivered strong viewership and attendance and set several all-time records for gross revenue at the respective arenas In April, UFC 300 was one of the most successful and highest-grossing events in UFC history with a gate of $16.5 million and attendance of 20,067 at T-Mobile Arena in Las Vegas WWE held 47 events, including two premium live events. Each WWE premium live event ( Royal Rumble and Elimination Chamber ) delivered all-time records for gross
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