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WWE reports Q1 2013 financial results

WWE reports Q1 2013 financial results
May 02
12:09 2013
 

WWE today announced financial results for Q1 2013 ending March 31.

Revenues totaled $124.0 million as compared to $123.1 million in the prior year quarter. Operating income was $6.1 million as compared to $16.0 million in the prior year quarter. Net income was $3.0 million as compared to $15.3 million in the prior year quarter.

“I the first quarter, our performance reflected investments to enhance our brand strength, which we view as a critical determinant of our long-term growth,” stated Vince McMahon, Chairman and CEO.

“Operating metrics such as pay-per-view buys and live event attendance, which are key leading indicators, continued to show improvement,” he added.

You can read the full report at http://corporate.wwe.com

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