Endeavor Group Holdings posted a 16% increase in total revenue in the first quarter thanks to the WWE-UFC merger, though the company’s divisions outside of Owned Sports Properties each saw downturns. Total revenue came in at $1.85 billion, with the rise from a year ago largely due to the influx from the WWE, which joined
First Quarter Earnings
Hasbro’s thriving analog and digital games business helped its first-quarter profit beat Wall Street expectations, but Covid-19-related struggles in film and TV resulted in only a 1% uptick in revenue. Revenue came in at $1.15 billion, up 1% from the year-ago quarter and just shy of analysts’ consensus forecast. Earnings per share of 84 cents