TKO Group Swings to 3Q Profit, Posts Higher Rev on Live Events, Brand Partnerships

By MarketWatch | Nov 6, 2024 at 05:04 PM EST

TKO Group Holdings reported a profit of $23.1 million in Q3 with revenue reaching $681.2 million, up 52%. Despite a decline in UFC revenue, WWE revenue surged. The company is confident in meeting its full-year revenue outlook due to strong live events and brand partnerships.

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