WWE Releases Q3 2020 Financial Report, Reveals Big Earnings Over Last Year

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.

Click here to view WWE’s full press release.