Wrestling News World.com has the full release posted regarding WWE’s fourth quarter earnings statement, which notes the company lost $8.6 million in the final three months of 2011. Here is part of the release:
WWE (NYSE:WWE) today announced financial results for its fourth quarter ended December 31, 2011. Revenues totaled $112.9 million as compared to $122.5 million in the prior year quarter. Operating loss was ($13.1) million as compared to Operating income of $14.4 million in the prior year quarter. Net loss was ($8.6) million, or ($0.12) per share, as compared to Net income of $8.1 million, or $0.11 per share, in the prior year quarter. Excluding the impact of film impairments and network related expenses in the current year quarter, Adjusted Operating income was $3.1 million as compared to $14.4 million in the prior year quarter. Adjusted Net income was $1.8 million, or $0.02 per share, as compared to $8.1 million, or $0.11 per share, in the prior year quarter.
You can view the entire release at http://www.wrestlingnewsworld.com/wwes-2011-fourth-quarter-earnings-revealed-here-full-details-on-the-net-loss/.
PW Insider.com has video of last night’s ‘Showbiz Tonight’, which airs on HLN. During the telecast, they discussed the CM Punk-Chris Brown issue. You can check out the video at http://www.pwinsider.com/article/66102/video-cm-punk-talks-chris-brown-issues-on-showbiz-tonight.html?p=1.
Speaking on the Punk-Brown ‘feud’, Kurt Angle commented via his Twitter page. Here are some of those Tweets:
I Would Beat Chris Brown's Ass for What He Did. But trust Me- GOD Will Judge Him. Not Punk. Undertstand Now? No Violence!!!
This Got Out of Hand. I'm Man Enough to Apologize to @CMPUNK. I Just don't think violence is the Right thing. But I Will not Judge Anyone!
You can check out all the Tweets at http://twitter.com/#!/RealKurtAngle.
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