WWE reports Q3 2018 financial results

 
 

WWE today announced its Q3 2018 financial results, reaching $188.4 million and a record $657.7 million for the nine months ended September 30, 2018, representing 12% growth over the prior year period. Operating Income decreased to $18.1 million from $33.9 million in the prior year quarter

“During the quarter, we remained keenly focused on deepening engagement with our global fan base by delivering compelling original content across media platforms,” said Vince McMahon, WWE Chairman and Chief Executive Officer. “We believe that deepening engagement will enable us to take advantage of favorable global industry trends and drive long-term growth.”

George Barrios, Co-President, added “We continue to effectively execute our strategy and achieved Adjusted OIBDA that surpassed our public guidance. Our performance maintains our path to achieve record revenue, record Adjusted OIBDA and record subscribers for the full year 2018.”

You can read the full report in PDF here.