Killer Q3 For UFC Helps TKO Beat Wall Street Earnings Forecasts
By Dade Hayes
A 60% year-over-year surge in UFC revenue powered TKO Group Holdings past Wall Street analysts’ consensus earnings forecast for the third quarter. A slowdown at the WWE, though, kept total revenue a hair below the Street’s outlook, at $1.36 billion compared with $1.38 billion. Earnings per share came in at $1.33 on a…
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Revenue
The total money a company earns from selling goods or services before any costs are subtracted.
Revenue growth shows demand for a company's products; profit shows whether it earns money from them.
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