World Wrestling Entertainment (WWE) Tops Q1 EPS by 8c; Offers Q2 Outlook

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Go back to World Wrestling Entertainment (WWE) Tops Q1 EPS by 8c; Offers Q2 Outlook

WWE® Reports Strong First-Quarter 2016 Results

May 10, 2016 8:30 AM EDT

First Quarter 2016 Highlights

Revenue increased 13% on a pro-forma basis to $171.1 from $151.3 million in the prior year quarter, excluding the timing impact of WrestleMania (which occurred in Q2 2016 vs. Q1 2015) OIBDA increased 31% to $27.6 million from the prior year quarter (29% on a pro-forma basis) WWE Network averaged 1.29 million paid subscribers over the first quarter 2016, which represented a 39% increase from the first quarter 2015, and reached 1.47 million total subscribers at quarter-end WWEs YouTube channel reached 11 million subscribers and achieved Diamond Play Button status joining Taylor... More