WWE Replica Titles

-

WWE reports Q4 2012 financial results

WWE today announced its financial results for the 4th quarter ended December 31, 2012.

Revenues totaled $115.1 million as compared to $112.9 million in the prior-year quarter. Operating income was $2.6 million as compared to a loss of $13.1 million in the prior-year quarter. Net income was $0.6 million as compared to a loss of $8.6 million in the prior-year quarter.

Excluding items that impacted comparability on a year-over-year basis, Adjusted Operating income was $5.4 million as compared to $3.1 million in the prior-year quarter, and Adjusted Net income was $1.3 million as compared to $1.8 million.

“In the fourth quarter, we continued to make important progress on our key strategic initiatives, expanding the production and licensing of new programs and enhancing our brands,” stated Vince McMahon, Chairman and Chief Executive Officer. “Although we did not announce the launch of a domestic television network during the year, we believe, now more than ever, that we can realize the full value of our intellectual property using a variety of approaches in our global markets. Our confidence is based on the rising value of content and the tremendous global appeal of our brands.”

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Grizzled Young Veterans coming to AEW this Saturday on Collision

The Grizzled Young Veterans are coming to AEW and will be making their debut this Saturday live on Collision. The...

Jesse “The Body” Ventura says he’s back talking with WWE

Appearing on the latest episode of political show The Vanguard, former Minnesota Governor Jesse "The Body" Ventura said that...

TKO Group CEO Ari Emanuel received $64.9 million pay package

Deadline.com is reporting that Ari Emanuel, the CEO of TKO Group Holdings, received a pay package valued at $64.9...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading