Endeavor shares up 1% on sales, earnings beat

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Shares of Endeavor Group Holdings Inc. EDR, -2.57% were up 1% in extended trading Monday after the company reported fiscal third-quarter results. Endeavor reported net income of $63.6 million, or 16 cents a share, vs. a net loss of $21.8 million in the same quarter a year ago. Revenue climbed 61% to $1.39 billion from $864.5 million a year ago. Analysts surveyed by FactSet had expected net income of 12 cents a share on revenue of $1.32 billion. Endeavor’s stock is up slightly since its IPO in April, while the broader S&P 500 index SPX, -0.00% has gained 24.7%.

This article was originally published by Marketwatch.com. Read the original article here.

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