World Wrestling Entertainment Inc (WWE) Q4 2020 Earnings Call Transcript
WWE earnings call for the period ending December 31, 2020.
Source: fool.com
Page 5 - Michael Weitz News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Michael Weitz. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Michael Weitz Today - Breaking & Trending Today
WWE Q4 financial notes: Record yearly revenue, Peacock optimism
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 2019's $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 fourth quarter that saw revenue drop to $238.2 million, down 26% year over year from 2019's $322.8 m...
Source: f4wonline.com