Warner Music Group Corp. (WMG) Tops Q1 EPS by 7c

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Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2021

February 8, 2022 7:30 AM EST

Financial Highlights

Generated Record Revenue Underpinned by Strength across Recorded Music and Music PublishingRobust Streaming Performance Driven by Growth across Traditional and Emerging Streaming PlatformsDelivered Margin Improvement and Double-Digit Growth in Adjusted OIBDA and Adjusted EBITDA Despite Strong Recovery in Lower-Margin Revenue Streams Impacted by COVIDCompleted Acquisitions of 300 Entertainment and David Bowies Music Publishing Catalog

For the three months ended December 31, 2021

Total... More