From PROWRESTLING.NET

WWE releases third quarter financial numbers, Vince McMahon comments on the state of his business

Posted in: WWE News
By By Jason Powell
Nov 5, 2009 - 09:10 AM

WWE revenues ended the third quarter with $111.3 million in revenues, and $14.5 million in operating expenses. "We are pleased with our solid performance. During the quarter we achieved an 84 percent increase in our operating income and managed a 26 percent increase for the first nine months of the year," Vince McMahon said in the press release.

"Entering the year, we established clear goals to reduce our cost structure and to improve our operating efficiency. Our results to date, including significant and sustained improvement in our profit margins, demonstrate our ongoing commitment in meeting these objectives." To read the full release, visit WWE.com.

Powell's POV: Vince will be hosting a conference call this morning and it will be very interesting to see if we get more answers regarding Shane McMahon's departure from the company.

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