Core Insights - TKO Group Holdings reported a revenue of $681.2 million for the quarter ended September 2024, reflecting a year-over-year increase of 51.7% [1] - The earnings per share (EPS) for the quarter was $0.53, slightly up from $0.52 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $673.42 million by 1.16%, while the EPS fell short of the consensus estimate of $0.56 by 5.36% [1] Financial Performance Metrics - TKO Group hosted 7 UFC Fight Nights, matching the average estimate of 7 by analysts [3] - The company held 3 UFC Numbered events, consistent with the average estimate [3] - Total UFC events were 10, aligning with the three-analyst average estimate [3] - WWE events held internationally totaled 11, surpassing the average estimate of 6 [3] - WWE's net revenue reached $326.30 million, exceeding the average estimate of $307.22 million [3] - UFC's net revenue was $354.90 million, slightly below the average estimate of $356.16 million [3] - WWE Consumer Products generated $26.10 million, above the average estimate of $24.61 million [3] - UFC Consumer Products reported $13.20 million, slightly below the average estimate of $13.80 million [3] - WWE Media Rights & Content revenue was $227.40 million, exceeding the average estimate of $221.97 million [3] - WWE Live Events generated $51.10 million, surpassing the average estimate of $45.65 million [3] - WWE Sponsorship revenue reached $21.70 million, above the average estimate of $17.33 million [3] - UFC Live Events revenue was $51.40 million, below the average estimate of $61.52 million [3] Stock Performance - TKO Group's shares have declined by 6.4% over the past month, while the Zacks S&P 500 composite increased by 0.7% [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [4]

TKO Group Holdings (TKO) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.36%. A quarter ago, it was expected that this producer of professional wrestling events and television shows would post earnings of $0.82 per share when it actually produced earnings of $0.72, delivering a sur ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-41797 TKO GROUP HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 92-356903 ...

NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into TKO Group Holdings, Inc. (NYSE: TKO), the board of directors, and the controlling stockholder for potential breaches of fiduciary duty. If you are a holder of TKO Group Holdings, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/tko-group-holdings-inc. Investigation Details: TKO is controlled by Endeavor Group Holdings, I ...

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating TKO Group Holdings, Inc. for potential breaches of fiduciary duty related to a recent acquisition deal with its controlling stockholder, Endeavor Group Holdings, Inc. [1][4] Group 1: Company Control and Transactions - Endeavor Group Holdings controls TKO Group Holdings with a 53.6% voting power, allowing it to influence corporate actions and engage in conflicted transactions [2] - TKO announced an agreement to acquire Professional Bull Riders, On Location, and IMG businesses from Endeavor for $3.25 billion in company stock, increasing Endeavor's ownership stake in TKO to approximately 59% [3] - The acquisition was approved by Endeavor without minority shareholder votes, raising concerns about the interests of minority shareholders [3][4] Group 2: Market Reaction and Legal Implications - Following the acquisition announcement, TKO's stock price fell by over 5%, indicating market skepticism about the deal, which may have been mitigated by a simultaneous $2 billion stock repurchase program [4] - Bleichmar Fonti & Auld LLP believes that minority shareholders may have valid claims for breach of fiduciary duty against TKO's board and Endeavor due to the conflicted nature of the transaction [4]

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating TKO Group Holdings, Inc. for potential breaches of fiduciary duty related to a recent acquisition deal with its controlling stockholder, Endeavor Group Holdings, Inc. [1][4] Group 1: Company Control and Transactions - Endeavor Group Holdings controls TKO Group Holdings with a 53.6% voting power, allowing it to influence corporate actions and engage in conflicted transactions [2] - TKO announced an agreement to acquire Professional Bull Riders, On Location, and IMG businesses from Endeavor for $3.25 billion in company stock, increasing Endeavor's ownership stake in TKO to approximately 59% [3] - The acquisition was approved by Endeavor without a minority vote, leaving minority shareholders without a say in the transaction [3] Group 2: Market Reaction and Legal Implications - Following the acquisition announcement, TKO's stock price fell by over 5%, indicating market concerns about the deal, which may have led to overpayment for Endeavor's businesses [4] - Bleichmar Fonti & Auld LLP believes that minority shareholders may have valid claims for breach of fiduciary duty against TKO's board of directors and/or Endeavor due to the nature of the acquisition [4]

NEW YORK, Oct. 31, 2024 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating TKO Group Holdings, Inc. (NYSE: TKO) ("TKO" or the "Company"), its Board of Directors, and their controlling stockholder, for potential breaches of fiduciary duty.PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION  TKO is controlled by Endeavor Group Holdings, Inc. ("Endeavor"), through its ownership of 53.6% o ...

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into TKO Group Holdings, Inc. (NYSE: TKO), the board of directors, and the controlling stockholder for potential breaches of fiduciary duty. If you are a holder of TKO Group Holdings, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/tko-group-holdings-inc. Investigation Details: TKO is controlled by Endeavor Group Holdings, I ...

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into TKO Group Holdings, Inc. (NYSE: TKO), the board of directors, and the controlling stockholder for potential breaches of fiduciary duty. If you are a holder of TKO Group Holdings, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/tko-group-holdings-inc. Investigation Details: TKO is controlled by Endeavor Group Holdings, I ...

NEW YORK, Oct. 27, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into TKO Group Holdings, Inc. (NYSE: TKO), the board of directors, and the controlling stockholder for potential breaches of fiduciary duty. If you are a holder of TKO Group Holdings, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/tko-group-holdings-inc. Investigation Details: TKO is controlled by Endeavor Group Holdings, I ...