WWE Reports Net Income of $21.8 Million for Q3 2017
Paid subscribers to WWE Network grow to 1.58 million as of Sept. 30.
WWE delivers another ‘smackdown’ with solid Q3 financials. Last week WWE [NYSE: WWE] delivered another strong quarter, reporting total revenue of $186.4 million, a 14 percent increase year-over-year. The company attributes its success largely to the performance of its media, licensing and event businesses. WWE reports net income of $21.8 million for the third quarter, or $0.28 per diluted share, compared to $11.1 million, or $0.14 per diluted share, for the same period last year. The company also increased total paid subscribers for the quarter to 1.58 million, compared to 1.49 million as of September 30, 2016.
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