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WWE Releases Financial Statistics For The Fourth Quarter And 2013

WWE Releases Financial Statistics For The Fourth Quarter And 2013

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The WWE today held their fourth quarter conference call as Chairman Vince McMahon, CFO George Barrios, and Investor Relations Michael Weitz were on the call. The company released their financial numbers for the quarter.

WWE stated that revenues totaled $508 million for 2013, compared to $484.0 million in 2012, and $483.9 million in 2011. Operating income came in at $5.9 million compared to last years $43.2 million

The company also announced total revenue of $118.4 million for the fourth quarter of 2013 compared to $115.1 million for the fourth quarter of 2012.

“During the past year, we laid the foundation for future growth and enhanced our brand strength,” stated Vince McMahon, Chairman and Chief Executive Officer. “We have now announced the renewal of our television distribution agreement in the U.K., are continuing the negotiations regarding our domestic content, and are poised to launch our global WWE Network in the next few days. With preparations for WrestleMania 30 fully underway, we look forward to celebrating our enduring legacy and ushering in a new era as we blaze new trails in the media industry.”

You can view the full report here.

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About Steve Muehlhausen

Steven is the site editor for Between The Ropes. He was a featured UFC columnist for Bleacher Report and a writer for MMASucka.com. Steven was also the host of the MMA show "The Fight Club Chicago" which aired for three years at various websites. You can email Steve at stevemuehlhausen@yahoo.com.

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