TKO Group Holdings posted a mixed earnings report after the bell Thursday, as revenue came in well above estimates but profit fell short.

TKO Group Holdings, parent of the WWE and UFC, said “strength and momentum” at both subsidiaries powered first-quarter financial results. Revenue handily exceeded Wall Street forecasts, reaching $1.27 billion,

TKO is poised for a growth spurt this year now that the parent company of UFC and WWE has completed is acquisition of IMG, Professional Bull Riders and the high-end event hospitality firm On Location.