UPDATE: World Wrestling Entertainment (WWE) Tops Q1 EPS by 5c
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WWE® Reports Strong First Quarter 2018 Results
May 3, 2018 8:30 AM EDTRaises Full Year 2018 Guidance
First Quarter 2018 Highlights
Revenues reached $187.7 million, which was on-par with Q1 2017 (increasing 5% on a comparable year-over basis excluding the impact of ASC Topic 606 in Q1 2018)1 Operating income was $21.8 million ($29.0 million on a comparable basis) as compared to $4.0 million in the prior year quarter Adjusted OIBDA2 increased 40% to $35.2 million (increasing 68% to $42.4 million on a comparable basis) WWE Network average paid subscribers3 increased 5% to 1.56 million paid subscribers, consistent with the Companys guidance Digital video views increased 56% to 6.7... More