WWE will be releasing the Q2 2019 financial results on Thursday, July 25 before the opening of the market. A conference call hosted by Chairman and CEO Vince McMahon, and Co-Presidents, George A. Barrios and Michelle D. Wilson, will begin at 11AM ET to discuss the results.
For Q1 2019, WWE didn’t have good results. The company had revenues of $182.4 million as compared to $187.7 million in the prior year quarter and an operating income loss of $6.8 million as compared to income of $21.8 million in the prior year quarter. Net Income reflected a loss of $8.4 million as compared to net income of $14.8 million.
Investors did not like the results for last quarter and drove down the stock from $99 to $82 overnight.