WWE announces first earnings report
Due to the ongoing investigation into payments made by recently ousted CEO & Chairman Vince McMahon, WWE postponed the release of their second quarter financial results this year.
In order to reflect payments that were uncovered during the inquiry, the company will update any relevant prior financial statements, which will be released together with the Q2 results.
Due to two more McMahon payments that WWE discovered last week, it informed the Securities & Exchange Commission that the filings would be delayed.
The most recent figures being revealed before of the start of the stock market may indicate WWE anticipates a positive response from Wall Street.
The investor teleconference that follows these disclosures will be the first since Vince's resignation on July 22.
We'll see if the new co-CEOs Nick Khan and Stephanie McMahon join the call like their predecessor frequently did.
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