Update On WWE Plans For Second Quarter 2023 Earnings Report

Update On WWE Plans For Second Quarter 2023 Earnings Report WWE

An update has emerged on WWE’s next financial earnings announcement, with WWE set to report results in just under two weeks.

WWE has now shared a statement revealing that the company will reveal its figures for the second quarter of 2023 on August 2.

As is typically the case, there will be a conference call shortly after WWE publishes its financial report.

WWE shared the following statement on the upcoming report:

WWE® to Report Second Quarter 2023 Results

STAMFORD, Conn.–(BUSINESS WIRE)– WWE (NYSE: WWE) announced that it will report its second quarter 2023 results on Wednesday, August 2, 2023 prior to the market opening. The Company will host a conference call beginning at 8:30 a.m. ET to discuss the results.

All interested parties are welcome to listen to a live webcast that will be hosted through the Company’s web site at corporate.wwe.com/investors. Participants can access the conference call by dialing 855-200-4993 (toll free) or 323-794-2092 from outside the U.S. (conference ID for both lines: 6100232). Please reserve a line approximately 10 minutes prior to the start time of the conference call.

The earnings presentation referenced during the call will be made available on August 2, 2023 at corporate.wwe.com/investors. A replay of the call will be available approximately two hours after the conference call concludes and can be accessed on the Company’s web site.

WWE reported its Q1 2023 results in May, revealing that company revenue for the quarter was $297.6 million, a decrease of 11%, or $35.8 million.

The earnings report cited ‘a shift in the timing of the staging of a large-scale international event, which occurred in the first quarter of 2022 but is expected to occur in the second quarter of 2023’ as a primary reason for this decrease.

For more details on the Q1 financial results click here.

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1 year ago by Sanchez Taylor

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