- WWE announced on Tuesday that they company earned $19.5 million in net income during the first quarter of 2008. "Our first quarter results reflect the power of our premiere event, WrestleMania XXIV," Linda McMahon said in a statement released by the company. "Our WrestleMania brand provides us with a unique opportunity to showcase our creative content and marketing talents across a multitude of media outlets.

“In addition to posting solid financial results in the first quarter, we are actively expanding our global brand presence through our newly established international offices. During the quarter, we also announced and paid our first quarterly cash dividend at the increased rate of $0.36 per share for all shares not owned by the McMahon family. As we continue to take the next steps forward, we remain focused on delivering value to our shareholders for the long term.” To read a full breakdown of the company's report, click here.

Revenue rose from $107.4 million last year to $162.6 million. Wall Street analysts are forecasting sales of $131 million.

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