Our business has proven resilient despite ongoing macroeconomic headwinds.
As 2023 comes into focus, we remain confident in Endeavors ability to deliver long-term value.
Endeavor has a small minority stake in the company, which learns voices uses AI to create recordings.
UFC Fight Night eventChris Unger/Zuffa LLC
He will be responding in person during the Q&A.
This is the the first quarterly report since a few things went down.
A more likely topic may be the WWE, which is currentlyup for sale by majority owner Vince McMahon.
The potential of a transaction hanging out there may be weighing on Endeavors stock.
Endeavor has a small minority stake in the company, which uses AI to create voice recordings.
He will be responding in person during the Q&A.
Net losses widened sharply to $226 million from $16.7 million largely on a hefty one-time tax hit.
Adjusted ebitda of $142 million was up 14%.
The business saw adjusted EBITDA of $52.4 million down 4% for the quarter.
The core agency biz was buoyed by demand for premium content and the ongoing recovery of live events.
The division saw ebitda of $124 million for the quarter, up 5%.
