TKO Raises Guidance Again in Q2 Earnings Report

The UFC and WWE owner had the UFC White House event and Wrestlemania while its On Location business had the FIFA World Cup in the quarter.

TKO posted another strong quarter fueled by strong demand from fans and marketers for UFC and WWE events. The parent company of the two leagues surpassed the Street’s expectations on revenue and adjusted earnings before interest, taxes, depreciation and amortization with its second quarter results released Monday. TKO