World Wrestling Entertainment (WWE) Reports Q2 EPS of $0.01; Guides Q3
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WWE® Reports Record Revenue and Q2 2016 Results
July 28, 2016 8:30 AM EDTSecond Quarter 2016 Highlights
Revenue increased 32% (13% excluding the timing impact of WrestleMania1) to a record $199.0 million as WWEs Live Event and Network segments achieved their highest quarterly revenue in Company history OIBDA2 of $7.5 million was in line with the Companys guidance WWE Network reached a record of 1.52 million average paid subscribers over the second quarter 2016, which represented a 25% increase from the second quarter 2015 SmackDown transitioned to a live format on USA Network. Since July 25, WWEs flagship programs,... More