WWE Q3 Revenue Near $400M Despite One PLE

WWE generated just under $400 million in revenue during the third quarter according to TKO's financial report, only $3 million less than the same period last year that featured four premium live events. TKO's overall third quarter revenue reached $1.36 billion with adjusted EBITDA of $557 million, prompting the company to raise its full-year guidance for the second consecutive quarter. For the first nine months of the year WWE revenue totaled $1.496 billion, up from $1.35 billion in the prior year, with SummerSlam noted as the third-highest sponsored event in company history despite lower ticket sales contributing to a drop in live event revenue.