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World Wrestling Entertainment (WWE): Q3 2019 Earnings Snapshot

— World Wrestling Entertainment (NYSE: WWE) reported Q3 2019 earnings of $0.06 per share, vs. $0.02 expected.

— Revenues fell 1.1% to $186.3 million, vs. $191 million expected.

— Adjusted OIBDA (which excludes stock compensation) was $25.4 million compared to $35.8 million last year. 

— WWE shares fell 5% immediately following the announcement.

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