Tag - WWE financial

WWE revenues by business segment for Q2 2016

WWE HQ

When comparing the Q2 2016 results by business segments to Q2 2015, WWE had a pretty good month with live event revenues taking the cake this time around thanks to the massive WrestleMania 32 in Dallas. WrestleMania did not fall in Q2 last year and was part of the Q1 results. Out of the nine different money-making divisions, seven performed better...

WWE reports Q2 2016 financial results

WWE HQ

WWE announced its Q2 2016 financial results today, with the company reporting a Net income of $0.8 million, or $0.01 per share, as compared to Net income of $5.1 million, or $0.07 per share, in the prior year quarter. Revenue increased 32% to a record $199.0 million as WWE’s Live Event and Network segments achieved their highest quarterly...

WWE revenues by business segment for Q1 2016

WWE HQ

With WrestleMania falling in the second quarter of 2016, some comparisons were off this year since last year WrestleMania fell in the first quarter. Despite this, six of the nine core WWE businesses registered an increase when compared to the prior year quarter. Those departments which outperformed last year’s results include: WWE Network...

WWE reports Q1 2016 financial results

WWE HQ

WWE today announced financial results for its first quarter 2016. For the quarter, the Company reported Net income of $13.9 million as compared to Net income of $9.8 million in the prior year quarter. “Our strong performance in the first quarter reflected the successful execution of our content strategy,” said WWE Chairman & CEO Vince...

WWE to report Q1 2016 financial results on May 10

WWE HQ

WWE will be reporting the first quarter 2016 results on May 10 before the opening of the market. WWE Chairman and CEO Vince McMahon along with Chief Strategy & Financial Officer George Barrios will be hosting a conference call beginning at 11AM ET to discuss these results. WWE already reported the WWE Network subscribers number the day after...

Kevin Dunn gets the highest salary among all WWE execs in 2015

WWE HQ

WWE has sent a letter to all of its stockholders announcing that the 2016 annual meeting will be held on April 21 at the Hilton Stamford Hotel with stockholders being asked to vote on six items, including the election of the ten Board of Directors. In the proxy statement that was attached to the invitation, there were some interesting figures on...

8 out of 10 WWE departments register increase in Q4 2015

WWE HQ

WWE had a strong quarter with eight out of ten business segments registering an increase compared to the prior year quarter. WWE Network registered $37.2 million in revenue, up from $23.3 million; PPV registered $3.6 million from 274,000 worldwide buys for three events; Television revenues went up 10% to $55.5 million from $50.5 million; Digital...

WWE announces Q4 2015 earning results

WWE HQ

WWE today announced financial results for its fourth quarter and year ended December 31, 2015. For the quarter, the Company reported a Net loss of $1.2 million, as compared to a Net loss of $1.6 million in the prior year quarter. Adjusted net income was $3.4 million compared to Adjusted net loss of $0.6 million, in the fourth quarter last...

WWE stocks drop nearly 13% of value during trading day

WWE HQ

Despite beating Wall Street’s estimates with a rather strong quarter, WWE stocks were body slammed throughout the day and lost 12.83% of its value from yesterday’s closing. Stocks closed the day at 17.39, a decrease of $2.56 from Wednesday’s closing. It had a high of $18.98 but it was clear from the start that things were not going to look...

WWE Q3 2015 business by segment

WWE HQ

Below are the results by region and business segment for Q3 2015. Out of the total ten different businesses within WWE, seven of them registered an increase over the prior year quarter while three of them were in the red. Those which performed better include: WWE Network increased to $36.4 million from $22.4 million in the prior year quarter;...

Pay-per-view buys for 3 events in Q3 2015

WWE logo

Embedded in the press release announcing the Q3 2015 results were the buy rates of each pay-per-view that happened throughout the quarter. WWE presented 3 pay-per-views: Battleground, SummerSlam, and Night of Champions. Battleground did 80,000 worldwide PPV buys as compared to 99,000 last year. SummerSlam had 121,000 buys versus the 147,000 from...

WWE announces Q3 2015 financial results

WWE HQ

WWE today announced financial results for its third quarter ended September 30, 2015. For the quarter, the Company reported net income of $10.4 million, or $0.14 per share, compared to a net loss of $5.9 million, or $0.08 loss per share, in the third quarter last year. “During the quarter, we made significant progress on the growth of our...

WWE stocks soar over 8% after Network India announcement

WWE HQ

WWE stocks shot up 8.29% today after the announcement of the WWE Network’s introduction in India starting Monday. Stocks closed the day at $20.84 a piece, an increase of $1.60 over yesterday’s closing. Trading reached a day high of $21.33, close to the $23.63 52-week high. WWE will announce its Q3 2015 earnings report next Thursday and just...

WWE stocks highest since April 2014

WWE HQ

WWE stocks surged to its 52 week high today and the highest it’s been since the day after WrestleMania XXX when stocks were trading over $30 and then crashed down 50% due to disappointing WWE Network numbers. Stocks closed the day at $22.14 a piece, up 9.77% over yesterday’s $20.17 closing. Wall Street was very happy with the Q2 2015 numbers...

WWE revenues by business for Q2 2015

WWE HQ

Four departments within WWE registered an increase compared to Q2 2014 while the other five registered a decrease, mainly due to WrestleMania being in the second quarter last year while this year its revenues were added to the first quarter. Television revenues increased 19% to $52.1 million from $43.8 million in the prior year quarter; Licensing...

264,000 traditional PPV buys registered in past quarter

Elimination Chamber

The three pay-per-views that occurred during the second quarter of 2015 did a total of 167,000 traditional buys. Extreme Rules did 56,000 buys, Payback did 54,000 buys, and Money In The Bank did 57,000 buys compared to 108,000, 67,000, and 122,000 respectively in the prior year. The difference is obviously due to more fans subscribing to the WWE...

WWE reports Q2 2015 financial results

WWE HQ

WWE today announced financial results for its second quarter ended June 30, 2015. For the quarter, the Company reported net income of $5.1 million, or $0.07 per share, compared to a net loss of $14.5 million, or $0.19 loss per share, in the second quarter last year. “The performance of WWE Network demonstrates our ability to transform our legacy...

WWE to announce Q2 2015 financial results on July 30

WWE HQ

WWE today announced that it will report its second quarter 2015 results on Thursday, July 30, 2015, before the opening of the market. WWE Chairman & CEO Vince McMahon and the Chief Strategy & Financial Officer George Barrios will host a conference call beginning at 11:00AM ET to discuss the results. Of course the most important part of...

WWE stocks end the week on another high

WWE HQ

WWE stocks ended the week at $17.49, closing Friday 0.23% down from the day before however stocks jumped 1.08% in after hours trading, closing at $17.68. Over the past five days, WWE stocks went up from the low $16s and continued the positive trend from last week as well where they were below $15. Today’s high was $17.73, just off the $17.91...