Tencent Music (TME) Misses Q1 EPS by 1c

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Go back to Tencent Music (TME) Misses Q1 EPS by 1c

Tencent Music Reports Q1 Miss, Revenues Down 15.1%

May 16, 2022 4:47 PM EDT

Tencent Music (NYSE: TME) reported its Q1 results, with EPS of $0.06 coming in worse than the consensus estimate of $0.07. Total revenues declined 15.1% year-over-year to $1.05 billion, missing the consensus estimate of $1.23 billion, due to the headwinds in an evolving market landscape.

Revenues from... More