earnings
confidence high
sentiment neutral
materiality 0.80
Endeavor Q1 revenue $1.85B, net loss $303.5M; Owned Sports Properties revenue +94% on WWE
Endeavor Group Holdings, Inc.
2024-Q1 EPS reported
-$0.46
revenue$1,850,284,000
- Q1 2024 revenue $1.850B, net loss $303.5M, Adjusted EBITDA $374.1M.
- Owned Sports Properties revenue $685.4M (+94% YoY) driven by WWE acquisition ($317M) and UFC growth.
- Events, Experiences & Rights revenue $744.9M (-7% YoY) due to IMG Academy sale and biennial event timing.
- Cash $778.6M; total debt $5.010B at March 31, 2024.
- Silver Lake take-private announced in April; company focused on closing transaction.