-

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.

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

Booker T/Triple H feud left off Booker’s Biography special despite filmed interviews

The A&E Biography on Booker T which aired last night had one important angle cut out from the whole...

Becky Lynch reportedly signs new WWE deal

The website RingsideNews.com is reporting that Becky Lynch has signed a new deal with WWE a few weeks ago,...

The Main Card: UFC 262: Oliveira vs. Chandler

Despite the troubling pandemic that happened in 2020, the organizers of the Ultimate Fighting Championship have found a way...
spot_img