Warner Music Quarterly Revenue Rises, But Earnings Shrink [Yahoo! Finance]
Warner Music Group Corp. - Class A (WMG)
Company Research
Source: Yahoo! Finance
The bottom line drop disclosed on Thursday was put down to higher interest expense and the impact of exchange rates on the company's Euro-denominated debt, producing a loss of $35 million in the quarter, against a gain of $25 million in the prior-year quarter. More from The Hollywood Reporter Social Listening Platform Hangout Launches With Universal, Sony, Warner Music Backing Amazon Adds AI-Generated Recaps to Prime Video Offerings The 'Endurance' Filmmakers on Bringing Ernest Shackleton Back From the Dead With AI Recorded music revenue rose 4 percent to $1.33 billion on growth across licensing, digital, physical and artist services and higher rights revenue. That was offset by music publishing revenue off 1 percent to $295 million due to the end of a distribution agreement with BMG, which meant $25 million less in overall revenue. Major sellers in the quarter included Benson Boone, Charli XCX, Zach Bryan and Teddy Swims. The major label has been seeing revenue growth
Show less
Read more
Impact Snapshot
Event Time:
WMG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WMG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WMG alerts
High impacting Warner Music Group Corp. - Class A news events
Weekly update
A roundup of the hottest topics
WMG
News
- Warner Music Group (WMG) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Why Warner Music Group (WMG) Shares Are Plunging Today [Yahoo! Finance]Yahoo! Finance
- Warner Music Q4 Earnings: Flat Digital Revenue Growth, Operating Cash Flow Falls [Yahoo! Finance]Yahoo! Finance
- Warner Music Group's (NASDAQ:WMG) Q3: Beats On Revenue [Yahoo! Finance]Yahoo! Finance
- Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
WMG
Earnings
- 11/21/24 - Miss
WMG
Sec Filings
- 11/21/24 - Form S-3ASR
- 11/21/24 - Form 10-K
- 11/21/24 - Form 8-K
- WMG's page on the SEC website