and revenue on Wednesday, but both exceeded Wall Street expectations. While its business was propelled by higher media rights fees, as well as improved viewership and live events ticket sales, the company’s financials dropped as it didn’t get the major boost in the latest quarter that a big event held in Saudi Arabia in February 2022 had provided.
The results reported were for the three-month period ended March 31, or just before the big two-night WrestleMania 39 in Los Angeles in early April.