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 new edition of the Pro Wrestling Boom Podcast with Jason Powell features the WWE Survivor Series audio review co-hosted by Jake Barnett. Normally exclusive to ProWrestling.net Members, Jason and Jake discuss the full show including Becky Lynch vs. Shayna Baszler vs. Bayley in a non-title match, Brock Lesnar vs. Rey Mysterio in a No Holds Barred match for the WWE Championship, "The Fiend" Bray Wyatt vs. Daniel Bryan for the WWE Universal Title, and more...