Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2020

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Go back to Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2020

Warner Music Group Corp. (WMG) Misses Q4 EPS by 6c, Revenues Beat

November 23, 2020 7:33 AM EST

Warner Music Group Corp. (NASDAQ: WMG) reported Q4 EPS of $0.00, $0.06 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.11 billion.

For the three months ended September 30, 2020

Total revenue was up 0.2% or down 1.1% in constant currencyNet income was $1 million versus $91 million in the prior-year quarterOIBDA increased 63% to $155 million versus $95 million in the prior-year quarterAdjusted... More