TKO Group Holdings reported its first quarter earnings for 2025 on Thursday as the company continues its earnings growth. It beat analyst expectations of $0.55 per share with $0.72 earnings per share. At the end of the first quarter, TKO earned revenue of $1.2688B and turned that into a net profit of $165.5M. Its adjusted […]
TKO
Casey’s becomes official partner for TKO KC weekend
Casey’s General Stores has signed on to be a part of TKO Group Holding’s weekend in Kansas City from April 24-28. It is the first time that the company will be hosting a “TKO Takeover” with all 3 of its sports properties holding events in the city during the last weekend in April. The “Takeover” […]
TKO looking to amend Ali Act
ESPN reports that the TKO Group is soliciting support to amend the Muhammad Ali Boxing Reform Act. The federal law was put into place in 2000 to protect the health and safety of boxers. The news of the Ali Act amendment comes several weeks after TKO announced that it would start a new boxing promotion […]
TKO-Saudis announces new boxing league
Wednesday TKO announced the long-anticipated boxing league in partnership with Saudi Arabia. White will run the league according to the “UFC Model.” Turki Alalshikh, the chairman of Saudi Arabia’s General Entertainment Authority joined White for the announcement. No specifics, including the name of the league, were identified. But, it appears that the first event will […]
TKO reports Q4 2024 earnings
TKO reported its 4th quarter earnings for 2024 and beat analyst expectations yet again. Overall, the owners of the WWE and UFC reported total revenue for Q4 of $642.2 million and adjusted earnings before taxes, interest, depreciation and amortization of $238.1 million. But the UFC legal settlement in the Cung Le, et al. lawsuit caused […]