-

WWE to release Q2 2019 earning results on July 25

WWE will be releasing the Q2 2019 financial results on Thursday, July 25 before the opening of the market. A conference call hosted by Chairman and CEO Vince McMahon, and Co-Presidents, George A. Barrios and Michelle D. Wilson, will begin at 11AM ET to discuss the results.

For Q1 2019, WWE didn’t have good results. The company had revenues of $182.4 million as compared to $187.7 million in the prior year quarter and an operating income loss of $6.8 million as compared to income of $21.8 million in the prior year quarter. Net Income reflected a loss of $8.4 million as compared to net income of $14.8 million.

Investors did not like the results for last quarter and drove down the stock from $99 to $82 overnight.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Bandido suffers concussion seconds into his return

Bandido, who made his return to ROH's Final Battle after a broken wrist injury in June, suffered a concussion...

Stardom’s Momo Watanbe joins the International Women’s Cup match

The last entrant in the International Women's Cup at Wrestle Dream is Momo Watanbe, representing the Japanese Stardom promotion. Watanbe...

Ash By Elegance joins OnlyFans

Ash By Elegance, the TNA star formerly known as Dana Brooke in WWE, has joined the OnlyFans platform. She made...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading