— World Wresting Entertainment (NYSE: WWE) reported fourth quarter 2019 earnings of $0.78 per share vs. $0.73 expected.
— Revenue rose 18% year-over-year to $322.8 million vs. $333.28 million expected.
— For FY20, WWE expects adjusted OIBDA in the range of $250 million to $300 million.
— WWE cautioned that the outcome of strategic initiatives it is taking to increase the monetization of content in 2020 and/ or subsequent years is subject to considerable uncertainty.
— Media segment revenue grew 29% in Q4 2019 to $264.6 million.
— Revenue from Live Events declined to $27.4 million from $34.4 million in the prior-year quarter.
— Revenue from Consumer Products decreased to $30.8 million from $32.8 million in Q4 2018, hurt by the lower video game royalties.
— WWE shares plunged to a new 52-week low ($40.24) in today’s morning session.
GoDaddy (NYSE: GDDY) reported a loss of $4.06 per share for the second quarter of 2020 on revenue of $806.4 million. The company also announced its outlook for Q3 and
Centurylink (NYSE: CTL) reported second-quarter financial results after the regular trading hours on Wednesday. Both revenue and EPS for the quarter came in better than the Wall Street projections. CTL
Fastly (NYSE: FSLY) reported second-quarter financial results after the regular trading hours on Wednesday. The company reported revenues and net income that were above street expectations. However, FSLY shares fell