Archive - 05/04/2017

Wall Street not impressed by WWE’s Q1 2017 numbers

Wall Street was not impressed by WWE’s first quarter of 2017 financial results and investors drove down the stocks by 4.81%. WWE stocks closed the trading day at $19.79 after they opened at $20.45. Stocks have not closed below $20 since February of this year. For the quarter, the Company reported Net income of $0.9 million compared to $13.9...

WWE revenues by business segment for Q1 2017

Out of the nine main WWE business segments, six of them registered an increase compared to the prior year quarter while three of them registered a decrease, with Home Entertainment (DVD/Blu-Ray sales) taking the biggest hit this quarter. Network revenues, which include revenue generated by WWE Network and pay-per-view, increased 15% to $46.5...

Nude photos of Charlotte Flair leaked online

Former Raw Women’s champion Charlotte Flair is the latest WWE Superstar who ended up victim of private nude photos being leaked on the Internet. Charlotte confirmed that the photos were authentic in a post on Twitter. “Private photos of mine were stolen and shared publicly without my consent. These images must be removed from the Internet...

WWE announces its Q1 2017 financial results

WWE today announced financial results for its first quarter ended March 31, 2017. For the quarter, the Company reported Net income of $0.9 million, or $0.01 per share, as compared to $13.9 million, or $0.18 per share, in the prior year quarter. Operating income was $4.0 million as compared to $22.0 million in the prior year quarter. “We are...