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