TKO Group: Fourth Quarter Earnings Overview

TKO Group Holdings Reports Fourth Quarter Results

According to a statement released on Wednesday, TKO Group Holdings, Inc., based in New York, recorded a net loss of $2.3 million for its fourth quarter.

This translates to a loss of 8 cents per share for the quarter.

The company's performance did not meet analyst expectations, as five analysts surveyed by Zacks Investment Research had projected earnings of 14 cents per share.

Despite the earnings miss, TKO Group generated $1.04 billion in revenue during the quarter, exceeding the $1.02 billion anticipated by analysts polled by Zacks.

For the full year, TKO Group reported a net income of $195.4 million, or $2.26 per share, with total revenue reaching $4.74 billion.

Looking ahead, the company forecasts its annual revenue to fall between $5.68 billion and $5.78 billion.