secwatch.observer — SEC 8-K summary
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Issuer:     TKO Group Holdings, Inc. (TKO)
CIK:        0001973266
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001973266-24-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TKO Q1 revenue $629.7M; raises FY2024 guidance; settles UFC antitrust suits for $335M
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- Q1 revenue $629.7M (up 105% YoY), net loss $249.5M due to $335M antitrust settlement charge.
- Adjusted EBITDA $282.2M (up 63% YoY); UFC segment EBITDA $195.1M (+5%), WWE $140.2M.
- FY2024 guidance raised: revenue $2.610-2.685B, Adjusted EBITDA $1.185-1.205B.
- UFC antitrust suits settled for $335M aggregate; $200M payable in 2024, $135M in 2025.
- Repurchased 1.9M shares for $165M in April; total 3.2M shares for $265M since Sept 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1973266/000197326624000011/0001973266-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1973266/000197326624000011/tko-20240508x8k.htm
  HTML page:      https://secwatch.observer/filing/0001973266-24-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer