Tag - WWE financial

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...

WWE shares trading highest since March

WWE HQ

BTIG Research, a global equity trading and fund services company which also does research and strategy today initiated coverage on WWE with a buy rating and a $25 price target. WWE shares hit the ground running when trading opened this morning, reaching a day high of $17.18. Eventually when the final bell rang it settled down at $16.42, a 3.86%...

Pay-Per-View buys for Rumble, Fastlane, and Mania

WrestleMania 31

While the WWE Network is only $9.99 and available throughout most of the world, some people still prefer to see pay-per-views in a traditional way despite the steep price of $44.95. For the first quarter of 2015, WWE’s three pay-per-views still did a fair share of traditional PPV buys, especially Royal Rumble and WrestleMania. The Royal Rumble...

WWE reports Q1 2015 financial results

WWE HQ

WWE today announced their Q1 2015 financial results, with a reported Net income of $9.8 million, compared to a Net loss of $8.0 million in the first quarter last year. “During the quarter, we generated record quarterly revenue and strong earnings growth, reflecting our strategy to realize greater value from our content across multiple...

WWE to announce Q1 2015 financial results on 04/30

WWE HQ

WWE announced that it will report its first quarter 2015 results on Thursday, April 30, 2015, before the opening of the market. Chairman & CEO Vince McMahon and Chief Strategy & Financial Officer George Barrios will host a conference call beginning at 11:00AM ET to discuss the results. Unlike previous conference calls, the WWE Network...

WWE stocks sink after latest Network subscriber count

WWE HQ

Following a successful WrestleMania, record breaking gate, and 1.3 million subscribers to the WWE Network, Wall Street was still not happy and drove WWE stocks 15% in the red. Just like what happened last year when the company announced the WWE Network subscribers count the day after Mania, investors were quick to sell off immediately as the news...

WWE stocks have another good run on Wall Street today

WWE logo

WWE stocks had another good day today on Wall Street, adding 4.49%, or 75 cents, to its value, ending the day at $17.34 a piece after opening at $16.65. Stocks reached a high of $17.47 and a low of $16.59. With today’s 4% addition, WWE stocks increased 26% since last Thursday when the company released its Q4 2014 and year end results.

WWE stocks rise 15% on a good trading day for investors

WWE HQ

It was a good day for WWE investors today as stocks soared 15% during trading hours, ending the day at $16.56 each, an increase of $2.20 per share. Stocks reached a high of $16.91 during the day after starting at $14.39. In two days, stocks increased 22% following the Q4 2014 and year end results which was released yesterday. Wall Street seems...

Pay-per-view numbers from three shows held in Q4 2014

WWE logo

In the latest quarter and year end financial report, WWE disclosed the exact number of buys for their three pay-per-views that the company produced in the last quarter of 2014. Hell In A Cell in October did 83,000 buys, down from the 228,000 of the previous year. Survivor Series did 100,000 buys, down from 177,000 of 2013, while TLC did 39,000...