Page 3 - Michael Weitz News Today

WWE earnings call for the period ending December 31, 2020.

On a Thursday investors call that featured a lot of positive vibes around the recent Peacock deal, WWE reported a record year of revenue despite a large year-over-year drop in the fourth quarter that showed how important the Saudi Arabia deal is for them. 2020 revenue finished at a company record $974.2 million, up from 2019s $960.4 million -- an increase of 1%. Their operating income saw a massive jump, up 70% to $208.6 million, up from $116.5 million in 2019. Those numbers were despite a fo...