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Stock impact report

Endeavor Posts Widened Net Loss of $237.2 Million in Q4 [Yahoo! Finance]

TKO Group Holdings, Inc. Class A (TKO) 
Company Research Source: Yahoo! Finance
Lower profits and revenue in its events, experiences and rights segment and an operating loss in its sports, data & technology segment weighed down the overall results. Those divisions were offset by strong profit and revenue growth in Endeavor's representation and owned sports properties divisions, driven by WME, its non-scripted business, WWE, UFC and Professional Bull Riders. “We closed out 2024 with continued momentum reflecting strong demand for premium content and live events,” Endeavor CEO Ari Emanuel said in a statement. “Over the next few months, our focus remains on completing our sale of IMG, On Location, and PBR to TKO; closing our take-private transaction with Silver Lake; and ensuring Endeavor is well-positioned for long-term success in representation.” Here are the top-line results: Net Loss: $237.2 million, widening from $29.3 million a year ago. Net losses for 2024 came in at $1.22 billion, compared to $557.5 million in 2023. Revenue: $1.57 billion, compared Show less Read more
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