The sports and entertainment giant reported its Q2 earnings after the market closed on Monday, swinging back to a loss and missing on revenue.
were pushed into Q3, and were responsible for some $90 million in revenue. And while the company turned a modest profit in Q1, it had a net loss of $319 million in Q2.
Significantly, despite the Delta variant of COVID-19 causing uncertainty in some of Endeavor’s key areas , the company says it is raising its guidance for the year to $4.80 billion to $4.85 billion, up from $4.76 billion to $4.83 billion.
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