World Wrestling Entertainment (WWE) Tops Q1 EPS by 6c, Revenues Beat
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WWE® Reports Strong First Quarter 2020 Results
April 23, 2020 4:10 PM EDTTakes Action on COVID-19 Impact
First Quarter 2020 Highlights
Revenues increased 60% to $291.0 million as compared to the prior year quarter Operating income was $53.3 million as compared to a loss of $6.8 million in the prior year quarter Adj. OIBDA1 increased to $77.3 million from $12.4 million in the prior year quarter Announced multi-year distribution agreements with Sony Pictures Networks in India and DAZN in Germany to extend the reach of WWE content across television and digital platforms WWE Network average paid subscribers2 were 1.46 million, consistent with the Companys... More