WWE Financials: First Quarter 2017 Highlights

By Ciaran James @TheCiaranJames

First Quarter Highlights 2017:

  • Revenue increased 10% to $188.4 from $171.1 million in the prior year quarter

  • Operating income was $4.0 million and Adjusted OIBDA1 was $18.6 million

  • WWE Network averaged 1.49 million paid subscribers over the first quarter 2017, which represented a 16% increase from the first quarter 2016

  • WWE Network continued to super-serve its global fans with live, in-ring content by producing new episodes of its cruiserweight series, 205 Live, and holding a U.K. Championship Tournament, featuring local talent

  • Announced partnership with HBO Sports and the Bill Simmons Media Group to produce Andre the Giant, a documentary film examining the life of the WWE Legend

  • Completed multi-year agreement naming StubHub as the Company’s exclusive ticket resale marketplace for fans in the United States and Canada



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