Categories Earnings, Leisure & Entertainment
World Wrestling Entertainment (WWE): Q4 2019 Earnings Snapshot
— 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.
Get access to timely and accurate verbatim transcripts that are published within hours of the event
Most Popular
BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues
Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to
Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights
Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per
BA Earnings: Highlights of Boeing’s Q1 2024 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,
