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Warner Music Group Corp. Announces Quarterly Cash Dividend
Globenewswire· 2025-05-16 12:25
NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.18 per share on WMG’s Class A Common Stock and Class B Common Stock. The dividend is payable on June 3, 2025, to stockholders of record as of the close of business on May 27, 2025. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group today is home to an unparalleled family of creati ...
Warner Music Group Corp. Reports Results for Fiscal Second Quarter Ended March 31, 2025
Globenewswire· 2025-05-08 11:30
Financial Highlights Q2 Performance Driven by Revenue Growth Across Recorded Music and Music PublishingCost Savings Plans on Track, With Reinvestment Initiatives AcceleratingYear-to-Date Operating Cash Flow and Free Cash Flow Increased by 53% and 59%, Respectively For the three months ended March 31, 2025 Total revenue decreased 1%, or increased 1% in constant currencyNet income decreased 63% to $36 million versus $96 million in the prior-year quarterOperating income increased 41% to $168 million versus $11 ...
Universal Music Group N.V. Reports Financial Results for the First Quarter Ended March 31, 2025
Prnewswire· 2025-04-29 15:45
Q1 2025 Results Highlights1 Revenue of €2,901 million increased 11.8% year-over-year, or 9.5% in constant currency, driven by solid growth in Recorded Music and Music Publishing. Recorded Music subscription revenue grew 11.5% year-over-year, or 9.3% in constant currency, and streaming revenue grew 2.9% year-over-year, or 0.3% in constant currency. Adjusted EBITDA of €661 million increased 11.8% year-over-year, or 10.0% in constant currency, and Adjusted EBITDA margin remained consistent at 22.8%. Top seller ...
Warner Music(WMG) - 2025 Q1 - Earnings Call Transcript
2025-02-06 14:30
Warner Music (WMG) Q1 2025 Earnings Call February 06, 2025 08:30 AM ET Company Participants Kareem Chin - Senior VP & Head of Investor RelationsRobert Kyncl - CEOBryan Castellani - Executive VP & CFOBenjamin Swinburne - Managing DirectorMichael Morris - Senior Managing DirectorKannan Venkateshwar - Managing DirectorKutgun Maral - DirectorStephen Laszczyk - Vice PresidentJessica Reif Ehrlich - Managing Director Conference Call Participants Benjamin Black - AnalystRichard Greenfield - Partner & Media and Tech ...