TKO Reports First Quarter 2025 Results

About this update from Tko Group Holdings, Inc.

[{"type":"text","content":"Raises Full Year 2025 Guidance Reflecting Strength at UFC and WWE","length":65,"tagName":"p","attribs":{}},{"type":"text","content":"Updates Full Year 2025 Guidance to Include the Acquisition of the IMG Business, On Location, PBR, and Associated Transaction Impacts","length":132,"tagName":"p","attribs":{}},{"type":"text","content":"Acquired Businesses","length":19,"tagName":"p"},{"type":"text","content":"On February 28, 2025, TKO Group Holdings, Inc. ("TKO") completed the acquisition of certain businesses operating under the IMG brand (the "IMG Business"), On Location, and Professional Bull Riders ("PBR") (collectively referred to as the "Acquired Businesses"). As a common control acquisition, reported results presented in this earnings release reflect the Acquired Businesses as if they had been part of TKO during the historical periods presented. (See "Basis of Presentation" for further details.)","length":552,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Financial Highlights1","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $1,268.8 million","length":27,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income of $165.5 million","length":28,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA2 of $417.4 million","length":34,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":89,"olType":false},{"type":"text","content":"Full Year 2025 Guidance3","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Excluding the impact of the Acquired Businesses, the Company increased its targets for revenue to $3.005 billion to $3.075 billion, from $2.930 billion to $3.000 billion, and Adjusted EBITDA to $1.390 billion to $1.430 billion, from $1.350 billion to $1.390 billion","length":265,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Including the impact of the Acquired Businesses, the Company is targeting revenue of $4.490 billion to $4.560 billion and Adjusted EBITDA of $1.490 billion to $1.530 billion","length":173,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":438,"olType":false},{"type":"text","content":"NEW YORK, May 08, 2025--(BUSINESS WIRE)--TKO Group Holdings, Inc. ("TKO" o...

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