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TKO Raises 2025 Financial Guidance on Momentum for WWE and UFC and Growth Ahead With IMG, PBR and On Location Acquisition
TKO's first quarter results reflect underlying strength at UFC and WWE and growth ahead as the company absorbs IMG's PBR and On Location assets.
TKO is poised for a growth spurt this year now that the parent company of UFC and WWE has completed is acquisition of IMG, Professional Bull Riders and the high-end event hospitality firm On Location. The UFC and WWE operations spurred TKO to raise its full-year guidance for revenue and EBITDA targets for the year, and that’s without factoring in the boost from IMG, PBR and On Location. Emanuel and TKO leaders are sure to be pressed by Wall Street analysts on the state of media rights negotiations for UFC, which has a big contract with ESPN expiring at year’s end.
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