WWE® to Report Fourth Quarter and Full Year 2018 Results
January 17 2019 - 5:00PM
Business Wire
WWE (NYSE:WWE) announced that it will report its fourth quarter
and full year 2018 results on Thursday, February 7, 2019, before
the opening of the market. The Company’s Chairman & CEO,
Vincent K. McMahon, and Co-Presidents, George A. Barrios and
Michelle D. Wilson, will host a conference call beginning at 11:00
a.m. ET to discuss the results.
All interested parties are welcome to listen to a live web cast
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: 1923419). 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 February 7, 2019 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.
About WWEWWE, a publicly
traded company (NYSE:WWE), is an integrated media organization and
recognized leader in global entertainment. The Company consists of
a portfolio of businesses that create and deliver original content
52 weeks a year to a global audience. WWE is committed to family
friendly entertainment on its television programming, pay-per-view,
digital media and publishing platforms. WWE’s TV-PG,
family-friendly programming can be seen in more than 800 million
homes worldwide in 25 languages. WWE Network, the first-ever 24/7
over-the-top premium network that includes all live pay-per-views,
scheduled programming and a massive video-on-demand library, is
currently available in more than 180 countries. The Company is
headquartered in Stamford, Conn., with offices in New York, Los
Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai,
Munich and Tokyo.
Additional information on WWE (NYSE:WWE) can be found at wwe.com
and corporate.wwe.com. For information on our global activities, go
to http://www.wwe.com/worldwide/.
Trademarks: All WWE programming,
talent names, images, likenesses, slogans, wrestling moves,
trademarks, logos and copyrights are the exclusive property of WWE
and its subsidiaries. All other trademarks, logos and copyrights
are the property of their respective owners.
Forward-Looking Statements: This
press release contains forward-looking statements pursuant to the
safe harbor provisions of the Securities Litigation Reform Act of
1995, which are subject to various risks and uncertainties. These
risks and uncertainties include, without limitation, risks relating
to: entering, maintaining and renewing major distribution
agreements; WWE Network (including the risk that we are unable to
attract, retain and renew subscribers); our need to continue to
develop creative and entertaining programs and events; the
possibility of a decline in the popularity of our brand of sports
entertainment; the continued importance of key performers and the
services of Vincent K. McMahon; possible adverse changes in the
regulatory atmosphere and related private sector initiatives; the
highly competitive, rapidly changing and increasingly fragmented
nature of the markets in which we operate and greater financial
resources or marketplace presence of many of our competitors;
uncertainties associated with international markets; our difficulty
or inability to promote and conduct our live events and/or other
businesses if we do not comply with applicable regulations; our
dependence on our intellectual property rights, our need to protect
those rights, and the risks of our infringement of others’
intellectual property rights; the complexity of our rights
agreements across distribution mechanisms and geographical areas;
potential substantial liability in the event of accidents or
injuries occurring during our physically demanding events
including, without limitation, claims relating to CTE; large public
events as well as travel to and from such events; our feature film
business; our expansion into new or complementary businesses and/or
strategic investments; our computer systems and online operations;
privacy norms and regulations; a possible decline in general
economic conditions and disruption in financial markets; our
accounts receivable; our indebtedness; litigation; our potential
failure to meet market expectations for our financial performance,
which could adversely affect our stock; Vincent K. McMahon
exercises control over our affairs, and his interests may conflict
with the holders of our Class A common stock; a substantial number
of shares are eligible for sale by the McMahons and the sale, or
the perception of possible sales, of those shares could lower our
stock price; and the relatively small public “float” of our Class A
common stock. In addition, our dividend is dependent on a number of
factors, including, among other things, our liquidity and
historical and projected cash flow, strategic plan (including
alternative uses of capital), our financial results and condition,
contractual and legal restrictions on the payment of dividends
(including under our revolving credit facility), general economic
and competitive conditions and such other factors as our Board of
Directors may consider relevant. Forward-looking statements made by
the Company speak only as of the date made and are subject to
change without any obligation on the part of the Company to update
or revise them. Undue reliance should not be placed on these
statements. For more information about risks and uncertainties
associated with the Company’s business, please refer to the
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” and “Risk Factors” sections of the Company’s
SEC filings, including, but not limited to, our annual report on
Form 10-K and quarterly reports on Form 10-Q.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190117005007/en/
Investors:Michael Guido,
CFA203-352-8779michael.guido@wwecorp.com
Media:Matthew
Altman203-352-1177matthew.altman@wwecorp.com
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