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WWE pins big profits in 2Q

Stamford live-action promoter WWE more than doubled second-quarter profits on increased revenues from attendance and merchandise sales from its “Wrestlemania” events.

WWE netted $14.3 million, or 19 cents a share, in the three months ended June 30, up from $6.3 million, or 8 cents a share, earned the same period a year earlier.

Second-quarter revenues rose to $142.6 million vs. $106.8 million a year ago.

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