World Wrestling Entertainment (WWE) Tops Q4 EPS by 14c

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Go back to World Wrestling Entertainment (WWE) Tops Q4 EPS by 14c

WWE® Reports Record Results For Fourth Quarter and Full Year 2018

February 7, 2019 8:30 AM EST

Fourth Quarter 2018 Highlights

Revenues increased 29% to $272.5 million as compared to the prior year quarter Operating income nearly doubled to $53.4 million from $27.0 million in the prior year quarter Adjusted OIBDA1 increased 57% to $64.4 million, exceeding Company guidance and representing an all-time record quarter WWE Network average paid subscribers2 increased 7% to approximately 1.59 million paid subscribers, consistent with Company guidance

Full Year 2018 Highlights

Revenue increased 16% to $930.2 million, the highest in the Companys history Operating income increased 51% to a record of $114.5 million... More