Sports / Economy / Business

Add as a preferred source on Google

UFC’s strong growth reflected in parent firm's $1.4 billion Q3 revenue

The Ultimate Fighting Championship’s (UFC) parent company Endeavor posted a US$1.4 billion revenue and a net income of US$63.6 million in the third quarter. Endeavor also registered adjusted earnings before interest, tax…

Updated 1 min read
UFC’s strong growth reflected in parent firm's $1.4 billion Q3 revenue
The UFC delivered the best nine-month, year-to-date period in the mixed martial arts promotion’s history.

Read the original article

The Ultimate Fighting Championship’s (UFC) parent company Endeavor posted a US$1.4 billion revenue and a net income of US$63.6 million in the third quarter.

Endeavor also registered adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$283.3 million.

According to Endeavor, the UFC delivered the best nine-month, year-to-date period in the mixed martial arts (MMA) promotion’s history.

Its revenue in the events, experiences, and rights jumped US$62.1 million on year to $446.3 million, primarily driven by an increase in event and sports media production revenue related to the return of live events.

Endeavor has adjusted its revenue expectations to be between US$4.89 billion and US$4.95 billion, up from the previous US$4.8 billion to US$4.85 billion estimates. Its adjusted EBITDA is expected to go up between US$835 million and $845 million from the previously announced US$765 million to US$775 million

Related articles

View all
Politics

Ovechkin Faces Scrutiny Over United Russia Campaign Video

Washington Capitals star Alexander Ovechkin has drawn renewed attention over his political ties after appearing in a campaign video connected to United Russia, the ruling party backed by Russian President Vladimir Putin.…

Politics

Milei Pushes for Formula 1 Return to Argentina

Argentine President Javier Milei is backing efforts to bring Formula 1 racing back to Argentina, nearly three decades after the country last hosted a Grand Prix. Milei said Sunday that his government would work toward se…