WWE revealed its 2016 third quarter financial results on Thursday. The company reported $11.1 million net income compared to 10.4 million net income in the third quarter of 2015.
“During the quarter, we continued to effectively execute our content strategy, which has resulted in record revenues to-date in 2016 and increased consumption across our media platforms,” Vince McMahon stated in a press release. “This growth illustrates meaningful progress against our long-term strategic plan and provides the foundation for achieving our 2017 financial objectives.” Read the full report at corporate.wwe.com.
Powell’s POV: Vince McMahon and WWE CFO George Barrios will address the third quarter numbers in a conference call this morning at 10:00 a.m. CT. Join me for live report on the conference call.