World Wrestling Entertainment Inc:
* WWE® REPORTS STRONG FIRST QUARTER 2018 RESULTS
* Q1 EARNINGS PER SHARE $0.18
* Q1 EARNINGS PER SHARE VIEW $0.13 -- THOMSON REUTERS I/B/E/S
* RAISES FULL YEAR 2018 GUIDANCE
* QTRLY REVENUES REACHED $187.7 MILLION, WHICH WAS ON-PAR WITH Q1 2017
* QTRLY ADJUSTED OIBDA INCREASED 40% TO $35.2 MILLION
* QTRLY WWE NETWORK AVERAGE PAID SUBSCRIBERS INCREASED 5% TO 1.56 MILLION PAID SUBSCRIBERS
* SEES Q2 ADJUSTED OIBDA OF $30 MILLION TO $34 MILLION
* FOR Q2 2018, COMPANY PROJECTS AVERAGE PAID SUBSCRIBERS OF APPROXIMATELY 1.77 MILLION
* ANTICIPATES A MEANINGFUL INCREASE IN REVENUE IN Q2
* RAISING ITS TARGET FOR 2018 ADJUSTED OIBDA TO AT LEAST $150 MILLION (EXCLUDING STOCK-BASED COMPENSATION EXPENSE) Source text for Eikon: Further company coverage: