Reports Q4 revenue $614.0M, consensus $625.1M. “TKO is off to a strong start following record financial performance in 2023 at both UFC and WWE,” said Ariel Emanuel, CEO of TKO. “We secured Anheuser-Busch as the official beer partner of UFC, delivered a transformative deal to bring WWE’s Raw to Netflix beginning in 2025, and expanded our international footprint in important growth markets. We have more conviction than ever in the combination of these businesses and TKO’s ability to drive topline growth and margin expansion, generate meaningful free cash flow, and deliver sustainable long-term value for shareholders.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on TKO:
- Deutsche sees Silver Lake bid for Endeavor Group coming soon
- Airbnb downgraded, Citi upgraded: Wall Street’s top analyst calls
- TKO Group resumed with an Equal Weight at Morgan Stanley
- TKO Group, BRC Inc. announce multi-year marketing partnership
- Rivian downgraded, Loweâs upgraded: Wall Street’s top analyst calls
