WWE released their financial report for the third quarter of 2020 today, revealing an increase in revenue over last year.
WWE’s revenue for the quarter was $221.6 million, up 19% from the same quarter last year, mostly due to their new TV deals that came into effect last fall. The company made a profit of $48.2 million for the quarter, up from $5.8 million in Q3 2019.
WWE Network’s average paid subscriber number was 1.6 million, an increase of 6%.
WWE’s stock was up about 0.86% in after hours trading as of 10 PM ET at around $37.65 per share.
Vince McMahon and others also took part in an investors call after the report, which you can listen to below.
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