-

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.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

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

Mustafa Ali out injured with punctured lung and fractured ribs

Mustafa Ali is currently out injured, suffering from a punctured long and fractured ribs following his match against Jason...

AAA Tag Team titles on the line on the September 11 Smackdown from Mexico City

The AAA Tag Team titles will be on the line on the September 11 episode of Smackdown live from...

Pro Wrestling Tees designer claims WWE and Mitchell & Ness stole his CM Punk artwork, merch taken down

David Stenken, head graphic designer at Pro Wrestling Tees, claimed on social media that WWE and Mitchell & Ness...