Warner Music Group Corp. Reports Results for Fiscal Second Quarter Ended March 31, 2024

Financial Highlights Solid Results Driven by Growth Across Recorded Music and Music Publishing Recorded Music Results Underpinned by an Acceleration in Subscription StreamingMusic Publishing Delivered Revenue Growth of 19%Reiterating Full-Year Operating Cash Flow Conversion Guidance of 50-60% For the three months ended March 31, 2024 Total revenue increased 7%, the same in constant currencyNet income was $96 million versus$37 million in the prior-year quarterOperating income decreased 4% to $119 million v ...