WWE Scores Highest Quarterly Revenue In History

News
Apr 30, 2015

The WWE announced their 2015 Q1 results today, and it was good news. For the quarter, the Company reported Net income of $9.8 million, or $0.13 per share, compared to a Net loss of $8.0 million, or $0.11 per share, in the first quarter last year. Overall, revenues increased 40% to $176.2 million, which makes this the highest quarterly revenue in WWE history. Vince McMahon had the following to say about today’s Q1 announcement…

“During the quarter, we generated record quarterly revenue and strong earnings growth, reflecting our strategy to realize greater value from our content across multiple platforms. We believe that we are on a path to significant growth as we continue to expand WWE Network and innovate faster than ever.”

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