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CATEGORY: WWE
WWE reports 2008 2nd quarter results


Reported by: Colin Vassallo
Submitted on:
Aug 5, 2008 - 5:40:08 PM

- WWE Inc., today announced its financial results for the second quarter ended June 30th 2008. Revenues totaled $129.7 million as compared to $137.5 million in the prior year quarter. Operating income was $12.0 million as compared to $9.7 million in the prior year quarter. Net income was $7.0 million, the same as the prior year quarter., or $0.10 per share, as compared to $7.0 million, or $0.10 per share, in the prior year quarter. "The Company made important progress in terms of its fundamental operating objectives. We achieved a significant increase in revenue from our international operations, continued the strong growth of our live event, licensing and home video sales, and maintained improved trends in our pay-per-view business," said WWE CEO Linda McMahon. You can read the full report at here.



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