TKO reports financial results for first quarter of 2024. TKO announced that the group took in revenue of $629.7 million for the first quarter of 2024. The group reports a net loss of $249.5 million. UFC revenue was $313.0 million while WWE revenue was $316.7 million. Much of the net loss comes from TKO settling the UFC antitrust lawsuit for $335 million. From TKO: First Quarter 2024 Financial Highlights Revenue of $629.7 million Net loss of $249.5 million Adjusted EBITDA1 of $282.2 million... Read this story
