UFC, WWE Father or mother TKO Group Studies Q1 Earnings, Raises FY25 Steerage, Shares Swing Larger – TKO Group Holdings (NYSE:TKO)

TKO Group Holdings Inc TKO reported first-quarter monetary outcomes after the market shut on Thursday. Right here’s a rundown of the report.

• Q1 Income: $1.27 billion, versus estimates of $1.10 billion

• Q1 EPS: 69 cents, versus estimates of 56 cents

TKO Group, the father or mother firm of Final Combating Championship (UFC) and World Wrestling Leisure (WWE), mentioned whole income elevated 4% year-over-year within the first quarter, pushed by energy within the UFC and WWE. UFC drove $359.7 million in income and WWE income got here in at $391.5 million.

The corporate generated money flows from operations of $162.8 million and free money move of $135.5 million within the quarter. TKO Group ended the interval with $470.9 million in money and money equivalents.

“TKO is off to an excellent begin in 2025 with each UFC and WWE delivering stable monetary outcomes. Given the energy and momentum of those companies and no materials change to our total enterprise outlook, we’re elevating our steerage,” mentioned Ariel Emanuel, government chair and CEO of TKO Group.

“Our conviction in our portfolio of belongings is powerful and we at the moment are targeted on integration, driving synergies, the home media rights deal for UFC, and our capital return applications.”

Steerage: TKO Group raised its income steerage for full-year 2025 from a variety of $2.93 billion to $3 billion to a brand new vary of $3 billion to $3.08 billion.

Together with the influence of the acquisitions beneath IMG (On Location and Skilled Bull Riders) the corporate expects full-year income of $4.49 billion to $4.56 billion.

TKO Value Motion: TKO Group shares had been up 0.91% after-hours, buying and selling at $170.50 on the time of publication on Thursday, in keeping with Benzinga Professional.

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