WWE 2020 First Quarter Results Shareholders Call

WWE First Quarter 2020 Highlights

-Revenues increased 60% to $291.0 million as compared to the prior year quarter
-Operating income was $53.3 million as compared to a loss of $6.8 million in the prior year quarter
-Adj. OIBDA increased to $77.3 million from $12.4 million in the prior year quarter
-Announced multi-year distribution agreements with Sony Pictures Networks in India and DAZN in Germany to extend the reach of WWE content across television and digital platforms
-WWE Network average paid subscribers were 1.46 million, consistent with the Company’s guidance
-Digital video views increased 25% to 9.6 billion and hours consumed increased 15% to 344 million across digital and social media platforms