Tag - WWE financial

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

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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

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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...

Revenue for each WWE business by department for Q4 2014

WWE HQ

With the earnings release comes the department numbers which shows which WWE businesses are doing well and those which are not doing so well. The below numbers are all compared to the same quarter of the prior year apart from the WWE Network which obviously was not launched back then. Those who are in the black: WWE Network generated $23.3 million...

WWE announces 2014 Q4 and year end financial results

WWE HQ

WWE today announced its 2014 Q4 and year end results with revenues for the quarter increasing 19% to $140.5 million from $118.4 million in the fourth quarter last year. For the quarter, the Company reported a Net loss of $1.6 million, or $0.02 loss per share, as compared to a Net loss of $7.9 million, or $0.10 loss per share, in the prior year...

WWE to pay quarterly dividend on March 25

WWE HQ

WWE announced that its Board of Directors today declared the Company’s regular quarterly dividend of $0.12 per share for all Class A and B shares of common stock. The record date for the dividend will be March 13, 2015 and the payment date will be March 25, 2015. Unless your last name is McMahon, then probably you won’t be getting rich off...

WWE stocks go up…and then down in after hours trading

WWE HQ

WWE stocks had another good day, ending the trading day up 3.14% over yesterday’s closing but then quickly lost 2.20% in after hours trading. Stocks were on the up almost from when trading started earlier in the day but after 4PM they nosedived again. Currently they are at $12.20 each, losing 27 cents of the 38 cents they gained during the...

WWE stocks close the day almost 20% higher

WWE HQ

WWE stocks spiked almost 20% after WWE issued the press release announcing the 1 million subscribers for the WWE Network with Wall Street reacting immediatley to the news. Stocks closed the day at 12.50, a 19.27% increase over yesterday’s closing. In after hours trading however it went down 1.12% at time of this writing for $12.36 a piece.

WWE stocks reach new 52-week low, trade at $9.99

WWE HQ

WWE stocks today hit a new 52-week low, trading at just $9.82 at one point during the day. The drop was attributed to a report on Seeking Alpha which suggested that WWE might axe or cut the dividend to preserve cash. During the later course of the trading day, stocks were trading at the price of $9.99, a number which WWE mentions a lot to promote...

WWE to report Q4 2014 and year end results on February 12

WWE HQ

WWE will hold their Q4 2014 and full year results conference call on Thursday, February 12, before the opening of the market with Chairman and CEO Vince McMahon and Chief Strategy and Financial Officer George Barrios hosting the call. Once again, the WWE Network numbers will be up for scrutiny as the company will reveal the total number of...

WWE stocks end the year just 75 cents more than 52-week low

WWE HQ

WWE stocks ended the year 2014 at $11.30 a piece, dropping 8.43% in aftermarket hours after it finished the trading day at $12.34. It was quite a turbulent year for the stocks, reaching a 52-week high of $31.98 earlier this year as Wall Street was bullish on WWE Network subscribers and the TV rights renewal with NBC Universal. But that all came...

Wall Street not impressed with WWE’s numbers

WWE HQ

Wall Street was not particularly happy with the WWE numbers released today although considering the big disappointment of the WWE Network subscribers count, investors also showed WWE some mercy. On the earnings report day, WWE stocks ended the day at $12.51, a 5.73% decrease over yesterday’s closing. The day’s high was $13.17 which was right...

Consumer products division the big winner in Q3 for WWE

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Most of the major WWE departments registered a loss when compared to the same prior year quarter, with only consumer products division and WWE studios – barely – registering an increase. The following are department by department numbers on how they fared for Q3 2014. WWE Network generated $22.4 million in subscriptions; Licensing...

WWE announces Q3 2014 financial results

WWE HQ

WWE today announced financial results for its third quarter ended September 30, 2014. For the quarter, the Company reported a Net loss of $5.9 million, or $0.08 per share, compared to Net income of $2.4 million, or $0.03 per share, in the third quarter last year. “During the quarter, we delivered stronger financial performance than anticipated...

Big day for WWE tomorrow as Q3 2014 results will be announced

WWE HQ

It will be a big day tomorrow for WWE as the company will be releasing its Q3 2014 results with all eyes on the updated WWE Network number. In the last quarter earning results, WWE revealed that they had a total of 700,000 subscribers. In August, WWE opened up the Network to over 170 countries but left out big markets such as the United Kingdom...

WWE shares lose additional 7% of value during trading day today

WWE HQ

WWE stocks continued its downward spiral on Wall Street, losing another 7.09% of its value, closing the day at $12.84. Since yesterday, shares lost a total of 11.39% of the value, with yesterday closing at $13.81, before losing an additional 98 cents today. The sell-off has been due to an appearance by Mangrove Capital Partners Nathaniel August on...