• Home
    • Polls >
      • Archive >
        • Home
        • Home >
          • Old Home >
            • Home Orignal >
              • TNA PPV Center
              • WWE PPV Center
  • News
  • WWE
    • Results
    • Coverage
    • Spoilers
    • PPV Info
    • TV Ratings
    • TV Episodes
  • TNA
    • Results
    • Coverage
    • Spoilers
    • PPV Info
    • TV Ratings
  • ROH
    • Spoilers / Results
    • Coverage
    • PPV Info
    • Indy Results
  • Gallery
    • Pictures
    • Hot Women Gallery's
    • Championships
  • Contact
  • Columns
    • Past Blogs
Pro Wrestling Unleashed

WWE Releases 2012 Second Quarter Financials

8/2/2012

0 Comments

 
Picture
WWE announced the following today, regarding the 2012 second quarter financials…

WWE (NYSE:WWE) today announcedfinancial results for its second quarter ended June 30, 2012. Revenues totaled $141.6 million as compared to $142.6 million in the prior year quarter. Operating income was $19.6 million as compared to $21.0 million in the prior year quarter. Net income was $11.9 million, or $0.16 per share, as compared to $14.3 million, or $0.19 per share, in the prior year quarter. There were several items that impacted comparability on a year-over-year basis, including expenses incurred in conjunction with our potential network in the current quarter and film impairments in the prior year quarter. Excluding the impact of these items, Adjusted Operating income declined 12% to $21.3 million from $24.3 million in the prior year quarter. Adjusted Net income was $13.1 million, or $0.17 per share, as compared to $16.5 million, or $0.22 per share, in the prior year quarter.

“In the second quarter, we made important progress on our key strategic initiatives, expanding our content and distribution and enhancing our brand strength,” stated Vince McMahon, Chairman and Chief Executive Officer. “The production and licensing of a third hour of Raw and the launch of a new program, WWE Main Event, for ION Television, as well as our exploding social media presence which now reaches over 100 million global fans, exemplify our achievement of these goals. In order to cultivate further the unique passion of our global fans, we continuedto integrate social media in our program content and entered a strategic investment agreement with Tout, which enables users to capture and share 15-second videos. Integrating our fans’ voice in our programming enables us to escalate fan interaction, enhance our programming content, and drive the value of ourinvestment.”

“Our results were highlighted by the strong performance of our pay-per-view business, which offset an anticipated decline in video game sales,” added George Barrios, Chief Financial Officer. “Key audience measures, including a 17% increase in pay-per-view buys and the attraction of 6 million viewers to our 1,000th episode of Raw in July demonstrate our staying power and our continuing ability to build consumer interest. Based on our earnings growth in the first half of the year and the recent positive trends in our pay-per-view business, we are raising our financial forecast for the full year. We expect that our 2012 earnings, measured by either earnings per share, or EBITDA, will be roughly 5% to 15% above our 2011 results on an “as reported” basis.”


0 Comments



Leave a Reply.

    RSS Feed

    Author

    Andy

    Archives

    September 2015
    January 2015
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012

    Categories

    All
    A.J. Lee
    A.J. Lee
    Aj Styles
    Aj Styles
    Aksana
    Alberto Del Rio
    Alberto Del Rio
    Alex Riley
    Alicia Fox. Natalya Neidhart.
    Antonio Cesaro
    Backstage News
    Backstage News
    Batista
    Big E Langston
    Big E Langston
    Big Show
    Bobbyroode
    Bo Dallas
    Booker T
    Bray Wyatt
    Breaking News
    Breaking News
    Brie Bella
    Brock Lesnar
    Brock Lesnar
    Brodus Clay
    Bully Ray
    Camacho
    Cameron
    Chris Jericho
    Chris Jericho
    Christian
    Cm Punk
    Cody Rhodes
    Cody Rhodes
    Curt Hawkins
    Curtis Axel
    Damien Sandow
    Daniel Bryan
    Daniel Bryan
    Darren Young
    David Otunga
    Dean Ambrose
    Dixie Carter
    Dolph Zig
    Dolph Zig
    Drew Mcintyre
    Dusty Rhodes
    Elimination Chamber
    Eva Marie
    Evan Bourne
    Extreme Rising
    Ezekiel Jackson
    Fandango
    Gail Kim
    Gler
    Goldberg
    Goldust
    Hall Of Fame
    Heath Slater
    Hhh
    Hornswoggle
    Huge/ Spoiler News
    Hulk Hogan
    Hulk Hogan
    Hunico
    Indy
    Jack Swagger
    Jack Swagger
    Jake Roberts
    James Storm
    Jbl
    Jeff Jarett
    Jeff Jarett
    Jerry Lawler
    Jerry Lawler
    Jey Uso
    Jim Cornette
    Jimmy Uso
    Jinder Mahal
    John Cena
    John Cena
    Jr
    Jr.
    Jtg
    Justin Gabriel
    Kaitlyn
    Kaitlyn.
    Kane
    Kevin Nash
    Kofi Kingston
    Kurt Angle
    Layla El
    Lita
    Magnus
    Main Event
    Main Event
    Mark Henry
    Mark Henry
    Mason Ryan
    Matt Morgan
    Mick Foley
    Mick Foley
    Mickie James
    Mvp
    Naomi.
    New Age Outlaws
    Nikki Bella
    Nxt
    NXT
    Page
    Paul Heyman
    Randy Orton
    Raw
    Rey Mysterio
    Ric Flair
    Rob Van Dam
    Rock
    Roddy Piper
    Roddy Piper
    Roh
    Roman Reigns
    Rosa Mendes
    Royal Rumble
    Royal Rumble
    R-Truth
    Rvd
    Ryback
    Samoa Joe
    Santino Marella
    Scott Hall
    Seth Rollins
    Shawn Michaels
    Sheamus
    SHELTON BENJAMIN
    Sin Cara
    Sin Cara
    Smackdown
    Spoilers
    Stephanie McMahon
    Steve Austin
    Sting
    Tamina
    Taz
    Tensai
    Terry Funk
    The Big Show
    The Great Khali
    The Great Khali
    The Miz
    The Shield
    Titus O’Neal
    Tna
    Tommy Dreamer
    Total Divas
    Ultimate Warrior
    Undertaker
    Vickie Guerrero
    Vince Mcmahon
    Vince Mcmahon
    Wade Barrett
    William Regal
    Wrestlemania
    Wwe
    WWE Network
    WWE Network
    Wyatt Family
    Wyatt Family
    Yoshi Tatsu
    Zack Ryder

    Tweets by @AR_Official_94

    RSS Feed

    RSS Feed

    RSS Feed

Powered by Create your own unique website with customizable templates.
Photo used under Creative Commons from greatsufficiency