-

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!

LATEST NEWS

Ric Flair details why he’s no longer friends with The Four Horsemen

Two-time WWE Hall of Famer Ric Flair described how his relationship with the rest of the Four Horsemen dissolved...

HollywoodBets App: How To Make The Most Out Of The App

As a dominant betting brand in South Africa, HollywoodBets offers unrivaled benefits that you can relish when you download...

WWE wins three awards at The 2020 Cynopsis Best Of The Best Awards

WWE won three awards at The Cynopsis Best Of The Best Awards for 2020. This year, the awards were...

Stories you might also likeRELATED
Recommended to you