WWE Q4 Financials: Total Revenue Up From 2013

The WWE released their Q4 financial report today, and in that report stated that total revenues for 2014 were $542.6 million as compared to $508.0 million in the prior year. For 2014, the Company reported an Operating loss of $42.2 million and a Net loss of $30.1 million, or $0.40 per share as compared to Operating income of $5.9 million, and Net income of $2.8 million, or $0.04 per share in 2913. The Company also reported an OIBDA loss of $15.5 million for the current year as compared to OIBDA of $30.4 million in the prior year.

They also reported an Adjusted Operating loss of $34.9 million, an Adjusted OIBDA loss of $11.6 million and an Adjusted Net loss of $22.8 million, or $0.31 per share compared to Adjusted Operating income of $14.2 million, Adjusted OIBDA of $38.7 million and Adjusted Net income of $8.2 million, or $0.11 per share in 2013.

The total revenue increase of 7% to $542.6 million was driven by North American business. North American revenues increased 9%, or $34.5 million, thanks to the WWE Network subscription revenue and the escalation of television rights fees as reflected in the Media Division. Revenues from outside North America were flat to the prior year. Contractual increases in the Company’s international television agreements were offset by the impact of staging 11 fewer events in international markets.

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