NASDAQ:WMG - Nasdaq - US9345502036 - Common Stock - Currency: USD
Shares of global music entertainment company Warner Music Group (NASDAQ:WMG) fell 8.2% in the afternoon session after the company reported weak first quarter 2025 results which saw a significant EPS miss and underperformance in Recorded Music revenue. Revenue declined modestly, with a 1.2% drop in Recorded Music sales, led by soft ad-supported streaming and weaker results in artist services and expanded rights, despite gains in licensing and physical formats. Overall, this was a weaker quarter.
Warner Music stock falls after reporting fiscal Q2 2025 results, beating EPS but missing revenue estimates. Recorded Music and Digital revenue decline.
Warner Music Group (WMG) delivered earnings and revenue surprises of -75% and 1.57%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: LGF
Global music entertainment company Warner Music Group (NASDAQ:WMG) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $1.48 billion. Its GAAP profit of $0.07 per share was 74% below analysts’ consensus estimates.
Financial Highlights Q2 Performance Driven by Revenue Growth Across Recorded Music and Music PublishingCost Savings Plans on Track, With Reinvestment...
Live Nation (LYV) delivered earnings and revenue surprises of 5.88% and 2.89%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: LYV
Warner Music Group (WMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Imax (IMAX) delivered earnings and revenue surprises of 18.18% and 3.57%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: IMAX
/PRNewswire/ -- Warner Music Group (Nasdaq: WMG) and entrepreneurial powerhouse Anjula Acharia are partnering to launch 5 Junction, a new JV label focused on...
Amazon downgraded, Netflix upgraded: Wall Street's top analyst calls
Armin Zerza is taking the financial reins of the entertainment and record-label conglomerate as it has been seeking to cut costs.
He will succeed Bryan Castellani from May 5, with the incumbent stepping down after around one and a half years. Zerza, who served as Activision Blizzard's CFO and chief commercial officer, joined the video game maker in August 2015 and played a pivotal role in the company's $69-billion acquisition by Microsoft.
Molson Coors on Monday announced that CEO Gavin Hattersley plans to retire by the end of the year after a six-year stint at the helm of the brewer.
NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, May 8, 2025, for the second quarter...
/PRNewswire/ -- Last night, longtime Harmony Program supporter Warner Music Group (NASDAQ: WMG) and Grammy-nominated artist and philanthropist Josh Groban were...
NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Robert Kyncl, Chief Executive...
NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared...
WMG earnings call for the period ending December 31, 2024.
Global music entertainment company Warner Music Group (NASDAQ:WMG) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 4.7% year on year to $1.67 billion. Its GAAP profit of $0.45 per share was 34% above analysts’ consensus estimates.
Financial Highlights Warner Music Group and Spotify Today Announced New, Multi-Year Agreement, Covering Both Recorded Music and Music PublishingMusic...
Warner Music Group has acquired a controlling stake in Tempo Music, the owner of a catalog of song rights spanning recordings by Bruno Mars, Adele and Wiz Khalifa.