Endeavor Group Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:35 pm EST
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Endeavor Group Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 1,221.42 million compared to USD 1,391.3 million a year ago. Net loss was USD 10.04 million compared to net income of USD 42.49 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.16 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to diluted earnings per share from continuing operations of USD 0.16 a year ago.
For the nine months, sales was USD 4,007.69 million compared to USD 3,572.16 million a year ago. Net income was USD 335.31 million compared to net loss of USD 277.11 million a year ago. Basic earnings per share from continuing operations was USD 1.22 compared to basic loss per share from continuing operations of USD 1.07 a year ago. Diluted earnings per share from continuing operations was USD 1.19 compared to diluted loss per share from continuing operations of USD 1.07 a year ago.
Endeavor Group Holdings, Inc. is a global sports and entertainment company. It owns and operates sports and entertainment properties, including the Ultimate Fighting Championship (UFC), World Wrestling Entertainment, Inc. (WWE), produces and distributes sports and entertainment content. It also owns and manages live events and experiences, and represents sports, entertainment and fashion talent. The Companyâs Owned Sports Properties segment is comprised of a portfolio of sports properties, including UFC, WWE, professional bull riders and Euroleague. Events, Experiences & Rights segment owns and operates events, including the Miami Open and Madrid Open, Barrett-Jackson, New York Fashion Week: The Shows, and Hyde Park Winter Wonderland. Representation segment provides brand strategy, marketing, advertising, public relations, analytics, digital, activation and experiential services to corporate and other clients. Sports Data & Technology segment is comprised of its IMG ARENA and OpenBet.
ENDEAVOR GROUP HOLDINGS, INC. 
