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WWE: First Quarter Finanical Information Released; Numbers Not Good

WWE released their first quarter financial numbers on Thursday. “Revenues totaled $107.8 million as compared to $162.6 million in the comparable prior year quarter,” reads the press release. “Operating income was $16.7 million as compared to $27.1 million in the prior year quarter. Net income was $10.3 million, or $0.14 per share, as compared to $19.5 million, or $0.27 per share, in the prior year quarter.” To read the full press release, visit WWE.com.