posted a small profit in its first quarterly earnings release since its April 29 initial public offering thanks to momentum for UFC and other sports properties.
Endeavor posted net income of $2.4 million in the quarter ended March 31, compared to a loss of $51.4 million for the comparable year-ago quarter. Total revenue came in at $1.07 billion, which was in line with analysts’ expectations. Earnings before interest, taxes, depreciation and amortization was stronger than expectations at $199.5 million.
“As we emerge from the pandemic, we are witnessing strong demand for all forms of content,” said Endeavor CEO Ariel Emanuel. “Our company was purpose-built to fulfill this demand on a global scale – be it live events and experiences or premium on-screen content.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Hello i am Carol from France and i made myself drawings portraits and paysages crayon and pastel. To see and comment 'Tender regard'
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zoom CFO on Q1 earnings beat, post-pandemic outlook, possible acquisitions and moreZoom came in 33 cents a share ahead of estimates, with quarterly earnings of $1.33 per share. The video communications platform company’s revenue beat analysts’ forecasts as well, and the company gave upbeat guidance even as more people return to offices. Zoom shares gained 2.4% in the premarket. Zoom CFO Kelly Steckelberg joined 'Squawk Box' on Wednesday to discuss the beat, the company's outlook post-pandemic and more.
Source: CNBC - 🏆 12. / 72 Read more »
Harry Potter publisher boosts earnings view as lockdown reading casts a spellBloomsbury Publishing (BLPU.L) declared a special dividend and lifted targets for the current year, after strong book sales during lockdowns drove a 22% surge in the Harry Potter publisher's annual earnings. ☁️ 🌑 ☁️ ☁️ ☁️ 🚀 ☁️ * ☁️ * ☁️ * * * * * 💥 🌎 🚀🚀 Lets Go!!! 🚀🚀 🚀 Moonkitties 🚀 MoonkittiesC Appreciation from my heart to you mr_Dolph01 you're such a wonderful person now we south Africans has hope again about investing and fast withdrawal unlike this hungry lions going after our money... I and my family will invest with your company forever Terör Supporter usa media is hideing the izraili crimes and genocide against palestine. Time for american people to know the truth, the media belonges to siyonist izrail.
Source: Reuters - 🏆 2. / 97 Read more »