WWE Reports 2008 Third Quarter Results: Operating Income Reported by: Ryan Clark
Updated on November 6, 2008 1:16 PM EST
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WWE issued the following press release this morning:
WWEŽ Reports 2008 Third Quarter Results
STAMFORD, Conn., November 6, 2008 - World Wrestling Entertainment, Inc. (NYSE: WWE) today announced financial results for its third quarter ended September 30, 2008. Revenues totaled $108.8 million as compared to $108.1 million in the prior year quarter, while operating income was $7.9 million as compared to $13.4 million in the prior year quarter. Net income was $5.3 million, or $0.07 per share, as compared to $8.5 million, or $0.12 per share, in the prior year quarter.
