WWE® Reports 2010 Third Quarter Results

STAMFORD, Conn.--(BUSINESS WIRE)--World Wrestling Entertainment, Inc. (NYSE:WWE) today announced financial results for its third quarter ended September 30, 2010. Revenues totaled $109.6 million as compared to $111.3 million in the prior year quarter. Operating income was $20.3 million as compared to $14.5 million in the prior year quarter. Net income was $14.3 million, or $0.19 per share, as compared to $8.9 million, or $0.12 per share, in the prior year quarter. Impacting comparability to the prior year quarter are production tax credits recorded in both current and prior year quarters. Excluding the impact of these credits, Adjusted Operating income was $14.2 million as compared to $12.0 million in the prior year quarter. Adjusted Net income was $10.3 million, or $0.14 per share, as compared to $7.4 million, or $0.10 per share.

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