WWE, +0.41% shares were up 6% in after-hours trading Thursday after the sports-entertainment company reported fiscal second-quarter results that exceeded Wall Street estimates.
WWE reported net income of $43.8 million, or 52 cents per diluted share, compared with net income of $10.4 million, or 11 cents a share, in the year-ago quarter.
WWE has been hit harshly by coronavirus, which has eliminated its ability to host events with fans and, surprisingly, driven its TV ratings to all-time lows.
Analysts surveyed by FactSet had expected adjusted net income of 15 cents a share on sales of $231 million.
WWE's shares are down 30% this year.