WWE® Reports Strong First Quarter 2020 Results
World Wrestling Entertainment, Inc. Class A (WWE)
Last world wrestling entertainment, inc. class a earnings: 4/23 04:10 pm
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corporate.wwe.com/investors/investor-overview
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Source: Business Wire
Takes Action on COVID-19 ImpactFirst Quarter 2020 HighlightsRevenues increased 60% to $291.0 million as compared to the prior year quarterOperating income was $53.3 million as compared to a loss of $6.8 million in the prior year quarterAdj. OIBDA1 increased to $77.3 million from $12.4 million in the prior year quarterAnnounced multi-year distribution agreements with Sony Pictures Networks in India and DAZN in Germany to extend the reach of WWE content across television and digital platformsWWE Network average paid subscribers2 were 1.46 million, consistent with the Company’s guidanceDigital video views increased 25% to 9.6 billion and hours consumed increased 15% to 344 million across digital and social media platforms3WrestleMania Highlights (April 4-5, 2020)WWE set WrestleMania Week viewership records with more than 967 million video views across digital and social platforms4, representing a 20% increase from the prior year. A record 46 million hours of content was consumed during t
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