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World Wrestling Entertainment's CEO Discusses Q1 2012 Results - Earnings Call Transcript

World Wrestling Entertainment, Inc. (WWE)

Q1 2012 Earnings Call

May 3, 2012, 11:00 a.m. ET

Executives

Michael Weitz – SVP, IR

Vince McMahon  – Chairman and CEO

George Barrios – CFO

Analysts

Jamie Clements – Sidoti & Co.

Michael Kupinski – Noble Financial

Robert Ralph – Savings Partners

Brad Safalow – PAA Research

Presentation

Operator

My name is John and I will be your operator for today’s call. (Operator Instructions).

I will now turn the call over to Michael Weitz, SVP of Investor Relations. Mr. Weitz, you may begin.

Michael Weitz

Thank you and good morning everyone. Welcome to WWE’s first quarter 2012 earnings call. Joining me for today’s discussion are Vince McMahon, our Chairman and CEO, and George Barrios, our CFO. We issued our earnings release earlier this morning, and as is our usual practice have posted the release, our earnings presentation and other supporting materials on our website, corporate.wwe.com. These materials can be referenced in conjunction with the discussion today, to clarify our performance and to shed light on the trends in our business.

In our discussion today, we will make several forward-looking statements. These statements are based on management estimates. Actual results may differ due to numerous factors, as described in our presentation and in our filings with the SEC. For any non-GAAP measures discussed on this call, reconciliations to GAAP measures can be found in our earnings release and in our website presentation. Today we’ll review our financial results for the first quarter, and we’ll follow this with a Q&A session. At this time, it’s my privilege to turn the call over to Vince.

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