WWE revealed its 2016 second quarter financial results on Thursday. The company reported $0.8 million net income compared to $5.1 million net income in the second quarter of 2015. The company touted quarterly revenue of $199 million.
“I continue to be pleased with the execution of our strategy to optimize the long-term value of our content,” Vince McMahon stated in a press release. “Progress on this objective is evidenced by the continued year-over-year growth of WWE Network, the transition of SmackDown to a live format every week and the completion of our first exclusive content agreement in China.” Read the full report at corporate.wwe.com.
Powell’s POV: Vince McMahon and WWE CFO George Barrios will address the second quarter numbers in a conference call this morning at 10:00 a.m. CT. Join me for live report on the conference call.
The Best of The Boom features Jim Ross joining Jason Powell in this May 9, 2018 discussion regarding his relationship with Vince McMahon, why Vince sticks with Roman Reigns, how Triple H has changed over the years, and more. New episodes of the Boom are typically available mid-week...