The WWE announced its earnings for Q3 2015 on Thursday. The company reported net income of $10.4 million ($0.14 per share) compared to a loss of $5.9 million ($0.08 loss per share) in Q3 last year. The results bested most analyst expectations although the stock for the day dropped almost 13% as a result of […]
WWE
Lesnar’s ESPN comments sparked by twitter query
Brock Lesnar is making the rounds on behalf of the WWE as it promotes the company’s second-biggest event of the year, Summerslam, at the Barclay’s Center in Brooklyn, New York. The biggest news to come out of Lesnar’s appearance was his comments that Vince McMahon is a better promoter than Dana White. The statement itself […]
WWE reports 2nd quarter earnings
The WWE announced its second quarter earnings on Thursday and the numbers pleased many analysts. The WWE reported net income of $5.1 million ($0.07 per share) compared to a net loss of $14.5 million ($0.19 loss per share) in the second quarter last year. The WWE reported quarterly revenue of $150.2 million exceeding $1.5 million better than […]
WWE files lawsuit against former performers
WWE has filed a lawsuit against several former WWE stars seeking a declaratory judgment against them. The complaint, filed in federal court in Connecticut is a result of a pre-litigation letter concerning potential concussion lawsuits against the company. Robert Windham (aka Blackjack Mulligan), Thomas Billington (aka Dynamite Kid), James Ware (aka Koko B. Ware) and […]
WWE Network averages 918,000 subscribers through Q1 2015
The WWE announced its network subscription numbers on Monday and Wall Street was unimpressed. The WWE Network surpassed 1.3 million subscribers which is almost double its total from a year ago. The current average is approximately 918,000 paid subscribers through the first quarter of 2015. The WWE stock dipped during the day on Monday on […]